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elected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2018 2017 Current assets $34,636 $29,315 Current liabilities 37,171 33,037 Total
elected balance sheet and income statement information from Verizon Communications Inc. follows.
$ millions | 2018 | 2017 |
---|---|---|
Current assets | $34,636 | $29,315 |
Current liabilities | 37,171 | 33,037 |
Total liabilities | 382,308 | 384,038 |
Equity | 53,616 | 44,687 |
Earnings before interest and taxes | 22,278 | 26,877 |
Interest expense, gross | 4,736 | 4,733 |
Net cash flow from operating activities | 34,339 | 23,832 |
Compute the following ratios for Verizon for both 2018 and 2017. Note: Round amount to two decimal places (for example, enter 6.78 for 6.77555).
Ratio | 2018 | 2017 | |
---|---|---|---|
a. | Current ratio | Answer | Answer |
b. | Times interest earned | Answer | Answer |
c. | Liabilitiestoequity | Answer | Answer |
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