Group and Compute the following ratios for each of the three historical years:

Acid-Test/Quick Ratio

Please note that the ratio

(Cash and Cash Equivalents + Marketable Securities + Accounts Receivable)/Current Liabilities

• Liquidity Ratios
• Current Ratio
• Quick Ratio
• Leverage Ratios
• Debt to Total Assets Ratio
• Debt Equity Ratio
• Long-Term Debt to Equity
• Times Interest Earned Ratio
• Activity Ratios
• Inventory Turnover
• Fixed Assets Turnover
• Total Assets Turnover
• Accounts Receivable Turnover
• Average Collection Period
• Profitability Ratios
• Gross Profit Margin
• Operating Profit Margin
• Net Profit Margin
• Return on Total Assets (ROA)
• Return on Stockholders? Equity (ROE)
• Earnings Per Share (EPS)
• Price Earnings Ratio
• Remember to link information from the financial statements rather than inputting the information into the formulas.

Also if you have any question about the income statements or balance sheet refer tohttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000027904&type=10-k&dateb=&owner=exclude&count=40

Company name Tinker symbol Industy Services Major competitors DELTA AIR LINES, INC. DAL Major Airline Air transportation American Airlines,United Airlines,Alaska Airlines, JetBlue Airways and Southwest Airlines DELTA AIR LINES, INC. Consolidated income statements (in millions, except per share data) Operating Revenue: Passenger: Mainline Regional carriers Total passenger revenue Cargo Other Total operating revenue Year Ended December 31, 2015 2014 2013 $ 28,898 $ 28,688 $ 26,534 5,884 6,266 6,408 34,782 34,954 32,942 813 934 937 5,109 4,474 3,894 40,704 40,362 37,773 Operating Expense: Salaries and related costs 8,776 Aircraft fuel and related taxes 6,544 Regional carriers expense 4,241 Aircraft maintenance materials and outsid 1,848 Contracted services 1,848 Depreciation and amortization 1,835 Passenger commissions and other selling 1,672 Landing fees and other rents 1,493 Profit sharing 1,490 Passenger service 872 Aircraft rent 250 Restructuring and other 35 Other 1,998 Total operating expense 32,902 Operating Income Non-Operating Expense: Interest expense, net Miscellaneous, net Total non-operating expense, net Income Before Income Taxes Income Tax (Provision) Benefit 8,120 11,668 5,237 1,828 1,749 1,771 1,700 1,442 1,085 810 233 716 1,797 38,156 7,720 9,397 5,669 1,852 1,665 1,658 1,603 1,410 506 762 209 402 1,520 34,373 7,802 2,206 3,400 (481) (164) (645) (650) (484) (1,134) (852) (21) (873) 7,157 1,072 2,527 (2,631) (413) 8,013 Net Income $ 4,526 $ 659 $ 10,540 Basic Earnings Per Share Diluted Earnings Per Share Cash Dividends Declared Per Share $ $ $ 0.79 $ 12.41 0.78 $ 12.29 0.30 $ 0.12 5.68 $ 5.63 $ 0.45 $ DELTA AIR LINES, INC. Consolidated Balance Sheets (in millions, except share data) ASSETS Current Assets: Cash and cash equivalents Short-term investments Accounts receivable, net of an allowance for uncollectible accounts of $9 and $11 at December 31, 2015 and 2014, respectively Hedge margin receivable Fuel inventory Expendable parts and supplies inventories, net of an allowance for obsolescence of $114 and $127 at December 31, 2015 and 2014, respectively Hedge derivatives asset Prepaid expenses and other Total current assets Property and Equipment, Net: Property and equipment, net of accumulated depreciation and amortization of $10,871 and $9,340 at December 31, 2015 and 2014, respectively Other Assets: Goodwill Identifiable intangibles, net of accumulated amortization of $811 and $793 at December 31, 2015 and 2014, respectively Deferred income taxes, net Other noncurrent assets Total other assets Total assets December 31, 2015 2014 2013 $1,972 1,465 $2,088 1,217 $2,844 959 2,020 119 379 2,297 925 534 1,609 3 706 318 1,987 796 9,056 318 1,078 701 9,158 357 585 1,736 852 9,651 23,039 21,929 21,854 9,794 9,794 9,794 4,861 4,603 4,658 4,956 7,595 4,992 1,428 926 1,303 21,039 22,918 20,747 $53,134 $54,005 $52,252 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Current maturities of long-term debt and capital leases Air traffic liability Accounts payable Accrued salaries and related benefits Hedge derivatives liability Frequent flyer deferred revenue Other accrued liabilities Total current liabilities $1,563 4,503 2,743 3,195 2,581 1,635 1,306 17,526 $1,184 4,296 2,622 2,266 2,772 1,580 2,127 16,847 $1,547 4,122 2,300 1,926 146 1,861 2,250 14,152 Noncurrent Liabilities: Long-term debt and capital leases Pension, postretirement and related benefits 6,766 13,855 8,477 15,138 9,795 12,392 Frequent flyer deferred revenue Other noncurrent liabilities Total noncurrent liabilities 2,246 1,891 24,758 2,602 2,128 28,345 2,559 1,711 26,457 10,875 7,623 -7,275 12,981 3,456 -7,311 13,982 3,049 -5,130 Commitments and Contingencies Stockholders' Equity: Common stock at $0.0001 par value; 1,500,000,000 shares authorized, 799,850,675 and 845,048,310 shares issued at December 31, 2015 and 2014, respectively Additional paid-in capital Retained earnings Accumulated other comprehensive loss Treasury stock, at cost, 21,066,684 and 19,790,077 shares at December 31, 2015 and 2014, respectively Total stockholders' equity Total liabilities and stockholders' equity - -373 -313 -258 10,850 8,813 11,643 $53,134 $54,005 $52,252