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Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance sheet Cash and cash equivalents $3,616 Marketable securities 36,170 Accounts
Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance sheet Cash and cash equivalents $3,616 Marketable securities 36,170 Accounts receivable (net) 18,734 Total current assets 78,176 Total assets 246,156 Current liabilities 84,879 Long-term debt 16,378 Shareholders' equity 153,626 Income Statement Interest expense 718 Net income before taxes 31,516 Calculate the following ratios: (round to two decimal places) a. Times-interest-earned ratio b. Quick ratio c. Current ratio Check
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
