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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,

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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 $387 $852 Income before interest and taxes 13,892 42,810 Balance sheet information: Cash 3,236 12,331 Marketable securities 8,634 Accounts receivable 9,339 27,292 Current assets 25,268 73,818 Current liabilities 18,507 35,784 Total assets 65,436 196,617 Total liabilities 41,942 113,822 Total stockholders' equity 23,494 82,795 330 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

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