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Selected balance sheet and income statement information from Version Communications Inc. follows (for balance sheet accounts, the numbers are the balances at the end of

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Selected balance sheet and income statement information from Version Communications Inc. follows (for balance sheet accounts, the numbers are the balances at the end of the year). $ millions Current assets Current liabilities Total liabilities Equity Earnings before interest and taxes Interest expense, gross Net cash flow from operating activities 2018 34,636 37,930 382,308 54,710 22.278 4,833 34,339 2017 29,913 33,037 391,875 44,687 27,425 4,733 24,318 The current ratio for Verizon at the end of 2018 is: Based on the information, times interest earned for 2018 is: a. b. C. d. 4.61 5.79 7.11 5.14 Based on the information, the liabilities-to-equity ratio at the end of 2017 is: e. f. 0.14 0.11 6.99 8.77

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