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Question / Not yet answered Marked out of 20.00 Flag question Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the

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Question / Not yet answered Marked out of 20.00 Flag question 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 co $ millions HAL SLB Cash and equivalents $2,008 $1,433 Short-term investments 1,344 Accounts receivable 5,391 8,117 Current assets 11,151 15,731 Current liabilities 4,946 13,891 Total liabilities 16,438 33,921 Total equity 9,830 37,684 Earnings before interest and tax (EBIT) 2,541 3,142 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. Quick ratio 3. Times interest earned 4. Liabilities-to-equity b. Which company appears more liquid? c. Which company appears more solvent? + 12,290 5 2 APR 110

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