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Please show a complete step and solution. Thank you! Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin
Please show a complete step and solution. Thank you!
Compute and Interpret Liquidity, Solvency and Coverage Ratios Balance sheets and income statements for Lockheed Martin Corporation follow. Refer to these financial statements to answer the requirements. (a) Compute Lockheed Martin's current ratio and quick ratio for 2012 and 2011 . (Round your answers to two decimal places.) 2012 current ratio = 2011 current ratio = 2012 quick ratio = 2011 quick ratio = (b) Compute total liabilities-to-equity ratios and total debt-to-equity ratios for 2012 and 2011. (Round your answers to two decimal places.) 2012 total liabilities-to-stockholders' equity = 2011 total liabilities-to-stockholders' equity = 2012 total debt-to-equity = 2011 total debt-to-equity = (c) Compute times interest earned ratio, cash from operations to total debt ratio, and free operating cash flow to total debt ratios. (Round your answers to two decimal places.) 2012 times interest earned = 2011 times interest earned = 2012 cash from operations to total debt = 2011 cash from operations to total debt = 2012 free operating cash flow to total debt = 2011 free operating cash flow to total debt =Step by Step Solution
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