Question: Analysis Presented below are summary financial data from the Jackson Co. annual report: Amounts in millions Balance sheet Cash and cash equivalents Marketable securities 2,200


Analysis Presented below are summary financial data from the Jackson Co. annual report: Amounts in millions Balance sheet Cash and cash equivalents Marketable securities 2,200 16,200 Accounts receivable (net) 10,000 Total current assets 42,000 Total assets 155,000 Current liabilities. 30,000 Long-term debt 47,500 Shareholders' equity 79,500 Income Statement 6,400 Interest expense 36,800 Net income before taxes Calculate the following ratios: a. Times-interest-earned ratio b. Quick ratio c. Current ratio
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