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Question text Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil eld services sector. Refer to the following 2018

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Question text Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil eld 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 5,234' 7,881- Current assets 11,151 15,731 Current liabilities 4,802" 13,486 Total liabilities 16,438 ' 33,921 Total equity 9,544 36,586 Earnings before interest and tax-(EBITl I 2,467 3,050 Interest expense, gross 554 537 0. Compute the following measures for both companies. Note: Round your final answers to two decimal places (for example, enter 6.78 for 6.77555). i 2.32 I 1.17 Answeri Answer! 1. Current ratio

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