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Please help Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018

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Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements. $ millions HAL SLB Cash and equivalents $2,008 $1,433 Short-term investments 1,344 Accounts receivable 5,077 7,645 Current assets 11, 151 15,731 Current liabilities 4,658 13,081 Total liabilities 16,438 33,921 Total equity 9,258 35,488 Earnings before interest and tax (EBIT) 2,393 2,959 Interest expense, gross 554 537 a. Compute the following measures for both companies. Note: Round your final answers to two decimal places (for example, enter 6.78 for 6.77555). HAL SLB 1. Current ratio 2.23 1.12 2. Quick ratio 0 0 3. Times interest earned 4.63 0 4. Liabilities-to-equity 0 0 b. Which company appears more liquid? c. Which company appears more solvent

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