Question
Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). AccountDec 31, 2020Total
Computing Liquidity and Solvency Ratios
The following information is provided for a company for the year ended December 31, 2020 ($ millions).
AccountDec 31, 2020Total liabilities$64,476Current liabilities31,018Total assets118,764Current assets39,624Cash10,647Marketable securities6,188Accounts receivable21,756
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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The Lost Continent The BBCs Europe Editor On Europes Darkest Hour Since World War Two
Authors: Gavin Hewitt
1st Edition
1444764829, 9781444764826
