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Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). Account Total liabilities
Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). Account Total liabilities Current liabilities Total assets Dec 31, 2020 $51,581 25,991 91,180 31,831 6,416 4,830 17,550 Current assets Cash Marketable securities Accounts receivable Compute the following ratios, rounding the answer to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. a. Current ratio b. Quick ratio C. Total liabilities-to-equity
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