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R&D Manufacturing Incorporated and XYZ Technology are global companies that produce similar products. The following data were taken from the companies' 2018 annual reports. Dollar

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R&D Manufacturing Incorporated and XYZ Technology are global companies that produce similar products. The following data were taken from the companies' 2018 annual reports. Dollar amounts are in millions. R&D Manufacturing XYZ Technology Current assets $3,592 $8,023 Current liabilities 1,956 2,431 Total assets 4,533 17,186 Total liabilities 3,266 8,120 Required . Compute the current ratio for each company (Round your answers to 2 decimal places.) b. Compute the debt-to-assets ratio for each company (Round your answers to 2 decimal places.) c. Based on the ratios computed in Requirements a and b, which company had the better liquidity in 2018? d. Based on the ratios computed in Requirements a and b, which company had the better solvency in 2018? R&D Manufacturing to 100 XYZ Technology to 100 a. Current ratios Debt-to-assets ratios Which company had the better liquidity in 2018? dWhich company had the better solvency in 2018

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