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WHAT IS THE TIE RATIO??? Balance Sheet (Millions of $) begin{tabular}{lrr} Assets & & 2019 Cash and securities & $ & 1,755 Accounts

WHAT IS THE TIE RATIO???
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Balance Sheet (Millions of \$) \begin{tabular}{lrr} Assets & & 2019 \\ Cash and securities & $ & 1,755 \\ Accounts receivable & $ & 9,660 \\ Inventories & $ & 13,440 \\ Total current assets & $ & 24,855 \\ Net plant and equipment & $ & 17,745 \\ Total assets & $ & 42,600 \\ Liabilities and Equity & & \\ Accounts payable & $ & 7,980 \\ Notes payable & $ & 6,080 \\ Accruals & $ & 4,620 \\ Total current liabilities & $ & 18,680 \\ Long-term bonds & $ & 11,080 \\ Total debt & $ & 29,760 \\ Common stock & $ & 3,500 \\ Retained earnings & $ & 9,340 \\ Total common equity & $ & 12,840 \\ Total liabilities and equity & $ & 42,600 \\ \hline \end{tabular} IncomeStatement(Millionsof$)NetsalesOperatingcostsexceptdeprnDepreciationEarningsbefintandtaxes(EBIT)LessinterestEarningsbeforetaxes(EBT)Taxes$$$$$$$201958,80054,9781,0292,7931,0501,743610 3.15

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