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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 Dec 31,
Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). Account Dec 31, 2020 Total liabilities $17,194 Current liabilities 7,487 Total assets 31,415 Current assets 10,566 Cash 2,129 Marketable securities 1,617 Accounts receivable 5,802 Compute the following ratios, rounding your answer to two decimal places (for example, .4568 = .46). a. Current ratio 0 0 b. Quick ratio C. Total liabilities-to-equity 0
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