......... Financial statements (amounts in millions or billions) Sobeys Sony Daimler Income data Total revenues $ 13,353 \ 7,961 152,089 Operating income 333 192 2,073 Interest expense 41 35 919 Net income 204 129 3,234 Asset and liability data Total current assets $ 2,135 \ 4,673 94,034 Long-term assets 2,804 7,138 97,191 Total current liabilities 1,250 3,211 59,997 Long-term liabilities 684 4,214 95,900 Shareholders' equity 3,005 4,386 35,328 Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in different countries. (Click the icon to view the financial statements.) Requirement Compare three leading companies on their current ratio, debt ratio, and times-interest-earned ratio. Compute three ratios for Sobeys (the Canadian grocery chain), Sony (the Japanese electronics manufacturer), and Daimler (the German auto company). Based on your computed ratio values, which company looks the least risky? C. Begin by computing the ratios. Start by selecting the formula for the current ratio. Then, calculate the current ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the current ratios to two decimal places.) Total current assets 1 Total current liabilities Current ratio Sobeys / = Sony = Daimler / = Next, select the formula for the debt ratio. Then, calculate the debt ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the debt ratios to two decimal places.) Debt ratio Sobeys Sony 1 = Daimler Next, select the formula for the times-interest-earned ratio. Then, calculate the times-interest-earned ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the times-interest-earned ratios to two decimal places.) Next, select the formula for the times-interest-earned ratio. Then, calculate the times-interest-earned ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the times-interest-earned ratios to two decimal places.) = Times-interest-earned ratio Sobeys II Sony Daimler II Based on your computed ratio values, which company looks the least risky? A. Sobeys B. Daimler C. Sony D. They all look fairly similar