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Ratio Analysis Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance Sheet Cash and Cash Equivalents $1,350 Marketable Securities 23,511
Ratio Analysis Presented below are summary financial data from Pompeo's annual report:
| Amounts in millions | |
|---|---|
| Balance Sheet | |
| Cash and Cash Equivalents | $1,350 |
| Marketable Securities | 23,511 |
| Accounts Receivable (net) | 12,177 |
| Total Current Assets | 50,814 |
| Total Assets | 160,001 |
| Current Liabilities | 51,201 |
| Long-Term Debt | 9,463 |
| Shareholders' Equity | 88,761 |
| Income Statement | |
| Interest Expense | 477 |
| Net Income Before Taxes | 18,209 |
Calculate the following ratios: (Round to 2 decimal points)
| a. Times-interest-earned ratio | Answer |
| b. Quick ratio | Answer |
| c. Current ratio | Answer |
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
