The Tampa MedicalTampa Medical Corporation financial statements follow:

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Tampa Medical Corporation

Consolidated Statements of Financial Position

December 31,

(In Millions)

2018

2017

Assets:

Current assets

Cash and cash equivalents

$4,260

$4,097

Short-term investments

811

508

Accounts and notes receivable

3,408

2,401

Inventories, at cost

454

406

Prepaid expense and other current assets

1,653

1,230

Total current assets

10,586

8,642

Property and equipment, net

1,533

926

Investments

6,814

5,288

Other non-current assets

310

100

Total assets

$19,243

$14,956

Liabilities and stockholder's equity:

Current liabilities

Accounts payable

$7,700

$6,015

Accrued and other liabilities

3,896

3,015

Total current liabilities

11,596

9,030

Long-term debt

308

309

Other non-current liabilities

1,682

1,178

Total liabilities

13,586

10,517

Stockholders equity

Preferred stock and capital in excess of $0.02 par value; shares issued and outstanding: none

-

-

Common stock and capital in excess of $0.05 par value; shares authorized: 6,000; shares issued: 3,062 and 2,807, respectively

7,815

7,005

Treasury stock, at cost; 175 and 120 shares, respectively

(6,320)

(4,400)

Retained earnings

4,304

1,934

Other comprehensive loss

(102)

(50)

Other

(40)

(50)

Total stockholders equity

5,657

4,439

Total liabilities and stockholders equity

$19,243

$14,956

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Tampa Medical Corporation

Consolidated Statements of Income

Year ended December 31,

(In Millions, Except per Share Amounts)

2018

2017

2016

Net revenue

$42,789

$35,221

$30,100

Cost of goods sold

34,004

29,160

25,412

Gross profit

8,785

6,061

4,688

Operating expenses:

Selling, general, and administrative

3,745

3,450

2,987

Research, development, and engineering

588

563

545

Special charges

-

-

502

Total operating expenses

4,333

4,013

4,034

Operating income

4,452

2,048

654

Investment and other income (loss), net

189

171

(32)

Income before income taxes

4,641

2,219

622

Income tax expense

1,130

912

472

Net income

$3,511

$1,307

$150

Earnings per common share: Basic

$1.26

$0.94

$0.41

Tampa MedicalTampa Medical's quick (acid-test) ratio at year-end 2018 is closest to

A.0.44.

B.0.66.

C.$8,479 million.

D.0.73.