E4-37. Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast Corporation for 2015 and 2014 follows (5 millions). Total Current Assets Total Current Liabilities Income Before Interest and Taxes Total Liabilities Stockholders' Equity Interest Expense $2,702 2,617 2015....$12,303 2014.... 13,531 $18,178 17.410 $15,673 15,001 $112,596 106,118 $53,978 53,068 "Includes redeemable noncontrolling interests a. Compute the current ratio for each year and discuss any trend in liquidity. Do you believe the com- pany is sufficiently liquid? Explain. What additional information about the accounting numbers comprising this ratio might be useful in helping you assess liquidity? Explain. b. Compute times interest earned and the liabilities-to-cquity ratio for each year and discuss any no- ticeable change c. What is your overall assessment of the company's liquidity and solvency from the analyses in parts a and b? Explain. Hint: Compare the ratios for Comcast to those provided in the module for publicly traded companies