Financial statements (amounts in millions or billions) Sobeys Sony Daimler $13,653 338 43 203 8,267 197 37 129 152,389 2,078 921 3 ,233 Income data Total revenues...................... Operating income................. Interest expense.................. Net income ...................... Asset and liability data Total current assets... ......... Long-term assets Total current liabilities ............ Long-term liabilities................ Shareholders' equity ............... $1,935 2,504 1,240 754 2,445 4,457 6,838 3,210 4,290 3,795 93,805 96,891 59,987 95,970 34,739 Print Done Done 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. BEE (Click the icon to view the financial statements.) Required 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? (Challenge) 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.) = 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 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.) = Times-interest-earned ratio Sobeys Sony Daimler Based on your computed ratio values, which company looks the least risky? O A. Daimler O B. Sony O C. Sobeys OD. They all look fairly similar