Could someone please help me solve the following questions?

PHILIPPE CORPORATION 2015 1 ome Statement in millions) $4,053 Sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid Taxable income 2,780 550 $ 723 502 $ 221 Taxes (34%) Net income Dividends Addition to retained earnings 75 $ 146 $47 99 PHILIPPE CORPORATION 2014 and 2015 Balance Sheets (S in millions) 2015 2014 Assets Current assets $ 215 $ 210 Cash 310 355 Accounts receivable 328 507 Inventory Total $ 853 $1,072 Fixed assets $6,527 Net plant and equipment Total assets $6,085 $7,380 $7,157 Liabilities and Owners' Equity Current liabilities Accounts payable Notes payable $ 207 $ 298 1,427 1,715 $1,922 $1,725 Total Long-term debt Owners' equity Common stock and paid-in surplus Retained earnings $2,308 $1,987 $1,000 $1,000 2,347 $3,347 2,248 $3,248 Total $7,380 $7,157 Total liabilities and owners' equity 1 Sources and Uses of Cash Using the above balance sheets, calculate the changes in each account from 2014 to 2015 and then, when applicable, identify the change as a source or use of cash. Did the company become more or less liquid through the year? 2 Financial Ratios Using the above balance statements, calculate the following ratios for 2015: Current inventory, Day's sales in receivables, Total debt ratio, Long-term debt ratio, Times interest earned ratio, and Cash ratio, Cash ratio, Inventory turnover, Receivable turnover, Day's sale ratio, Qu coverage ratio. 3 Current and Quick Ratios If a firm increases its current ratio and decreases its quick ratio at the same time, what has happened? Has the liquidity of the company improved