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WRITING SHOULD BE CLEAR TO READ! Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast Corporation for 2015
WRITING SHOULD BE CLEAR TO READ!
Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast Corporation for 2015 and 2014 follows ($ millions). Total Current Assets Total Current Liabilities Income Before Interest and Taxes Interest Expense Total Liabilities* Stockholders' Equity 2015 $12,303 $18,178 $15,673 $2,702 $112,596 $53,978 2014 13,531 17,410 15,001 2,617 106,118 53,068 *Includes redeemable noncontrolling interests a. Compute the current ratio for each year. Round answers to two decimal places. Current Ratio 2015 67.68 x 2014 77.72 x b. Compute times interest earned and the liabilities-to-equity ratio for each year. Round answers to two decimal places. Times interest Liabilities to earned equity 2015 580.05 x 208.51 x 2014 573.21 199.97 xStep by Step Solution
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