Income Statement					Balance Sheet
	DuPont	Dow	PPG			DuPont	Dow	PPG
Revenues	24594	48158	14751		Cash & Market Securities	5967	6607	1863
COGS	14440	37324	8063		Receivables, net	4789	8831	2692
Gross Profit	10154	10834	6688		Inventories	5673	7363	1546
SG&A Expenses	4319	3304	4630		Total Current Assets	17117	23659	6452
Net Income	2513	4318	877		Fixed Assets, net	9231	23486	2759
					Total Assets	39964	79511	15769
					Total Current Liabilities	8897	12604	4240
					Total Liabilities	29966	53524	10943
					Total Equity	9998	25987	4826
					Preferred Stock	237	0	0
					Working Capital	8220	11055	2212
					Common Equity	9761	25987	4826

2. Given the information from Question 1, calculate the liquidity ratios for the three chemical companies. Rate liquidity for each company from 1 (poor) to 10 (excellent).

DuPont

Dow

PPG

Current

Quick

Cash

DuPont

Dow

PPG

Operating Cash Flow*

*Operating Cash Flow (in millions)

3450

5937

1351

Ratings