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P4-46. Analysis and Interpretation of Liquidity and Solvency Refer to the financial information of Costco Wholesale Corporation in P4-45 to answer the following c requirements

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P4-46. Analysis and Interpretation of Liquidity and Solvency Refer to the financial information of Costco Wholesale Corporation in P4-45 to answer the following c requirements Required a. Compute Costco's current ratio and quick ratio for 2016 and 2015. Comment on any observed trends. ment on any noticeable change. about Costco's ability to meet its debt obligations? b. Compute Costco's times interest earned and its liabilities-to-equity ratios for 2016 and 2015. Com- c. Summarize your findings about the company's liquidity and solvency. Do you have any concerns

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