Computing and Analyzing Liquidity and Solvency Ratios Selected balance sheet and income statement information follows for the 5-M Company. 5-M Company $ millions Dec 31, 2020 Dec 31, 2019 Income statement information: Interest expense $596 $682 Income before interest and taxes 34.730 32,108 Balance sheet information: Cash 10,788 7,588 Marketable securities 4,720 6,907 Accounts receivable 25,470 18,628 Current assets 65,916 50,442 Current liabilities 28,472 24,452 Total assets 218,590 124,836 Total liabilities 104,855 72.268 Total stockholders' equity 113,735 52,568 a. Compute the following ratios for the fiscal years ended December 31, 2020, and December 31, 2019. Round your answer to two decimal places (for example, enter 20.46 for 20.4555558). 2020 2019 0 0 0 0 1. Current ratio 2. Quick ratio 3. Total liabilities-to-equity 4. Times interest earned 0 0 0 0 b. Comment on the trends from 2019 to 2020 for 5-M company regarding liquidity and solvency, assuming all differences are material. Trends in 2020 as compared to 2019 for the 5-M company indicate a: Indicated by the current ratio Indicated by the quick ratio Indicated by the total liabilities-to-equity ratio Indicated by the times interest earned ratio These results indicate the following when comparing financial conditions 2019 to 2020: Liquidity Solvency Please answer all parts of the