Question: Calculate current ratio, quick ratio, net work capital and answer the question what what's happened to the firm's liquidity position between 2018-1019 ? Make comparison


Calculate current ratio, quick ratio, net work capital and answer the question what what's happened to the firm's liquidity position between 2018-1019 ? Make comparison
Consolidated 2018 2019 2017 $ 58,949 $ 28,538 7,728 95,214 48,406 21,622 13,949 4,227 3,294 1,486 2,844 458 96,287 2,222 60,148 $ 28,792 8,072 97,012 50,244 22,574 14,643 4,766 2,790 22,136 2,753 414 62,709 29,233 7,337 99,279 52,483 23,110 14,257 4,655 12,168 2,550 2,423 1,060 112,707 120,320 2,321 2,083 1,149 (726) 423 (20,987) (93) (21,080) (11,345) 2,808 (8,536) (5,335) (4,912) (1,363) (22,443) (312) (8,849) STATEMENT OF EARNINGS (LOSS) (In millions; per-share amounts in dollars) Sales of goods Sales of services GE Capital revenues from services Total revenues (Note 26) Cost of goods sold Cost of services sold Selling, general and administrative expenses Interest and other financial charges Insurance losses and annuity benefits (Note 12) Goodwill impairments (Note 8) Non-operating benefit costs Other costs and expenses Total costs and expenses Other income (Note 19) GE Capital earnings (loss) from continuing operations Earnings (loss) from continuing operations before income taxes Benefit (provision) for income taxes (Note 15) Earnings (loss) from continuing operations Earnings (loss) from discontinued operations, net of taxes (Note 2) Net earnings (loss) Less net earnings (loss) attributable to noncontrolling interests Net earnings (loss) attributable to the Company Preferred stock dividends Net earnings (loss) attributable to GE common shareholders Amounts attributable to GE common shareholders Earnings (loss) from continuing operations Less net earnings (loss) attributable to noncontrolling interests, continuing operations Earnings (loss) from continuing operations attributable to the Company Preferred stock dividends Earnings (loss) from continuing operations attributable to GE common shareholders Earnings (loss) from discontinued operations, net of taxes Less net earnings (loss) attributable to noncontrolling interests, discontinued operations Net earnings (loss) attributable to GE common shareholders Per-share amounts (Note 18) Earnings (loss) from continuing operations Diluted earnings (loss) per share Basic earnings (loss) per share Net earnings (loss) Diluted earnings (loss) per share Basic earnings (loss) per share Dividends declared per common share 66 (4,979) (460) (89) (22,355) (447) (365) (8,484) (436) $ (5,439) $ (22,802) $ (8,920) $ 423 $ (21,080) $ (8,536) 7 (90) (283) (8,253) 416 (460) (20,991) (447) (436) (44) (21,438) (8,689) (5,335) (1,363) (312) 60 1 (81) $ (5,439) $ (22,802) $ (8,920) (2.47) $ $ $ (0.01) $ (0.01) $ (1.00) (1.00) (2.47) $ $ $ (0.62) $ (0.62) $ 0.04 $ (2.62) $ (2.62) $ 0.37 $ (1.03) (1.03) 0.84 $ Consolidated 2019 2018 $ 36,394 $ 48,521 16,769 3,134 14,104 7,144 43,290 2,896 31,124 33,508 14,645 7,699 13,803 7,143 43,611 26,734 10,653 16,801 16,461 9,889 9,149 4,109 266,048 $ 22,072 $ 33,974 12,178 17,431 18,357 12,117 1,629 63,853 311,072 12,776 $ S STATEMENT OF FINANCIAL POSITION December 31 (In millions, except share amounts) Cash, cash equivalents and restricted cash Investment securities (Note 3) Current receivables (Note 4) Financing receivables - net (Note 5) Inventories (Note 6) Other GE Capital receivables Property, plant and equipment - net (Note 7) Operating lease assets (Note 7) Receivable from GE Capital Investment in GE Capital Goodwill (Note 8) Other intangible assets - net (Note 8) Contract and other deferred assets (Note 9) All other assets (Note 10) Deferred income taxes (Note 15) Assets of businesses held for sale (Note 2) Assets of discontinued operations (Note 2) Total assets Short-term borrowings (Note 11) Short-term borrowings assumed by GE (Note 11) Accounts payable, principally trade accounts Progress collections and deferred income (Note 9) Other GE current liabilities (Note 14) Non-recourse borrowings of consolidated securitization entities (Note 11) Long-term borrowings (Note 11) Long-term borrowings assumed by GE (Note 11) Operating lease liabilities (Note 7) Insurance liabilities and annuity benefits (Note 12) Non-current compensation and benefits All other liabilities (Note 14) Liabilities of businesses held for sale (Note 2) Liabilities of discontinued operations (Note 2) Total liabilities Preferred stock (5,939,875 shares outstanding at both December 31, 2019 and December 31, 2018) Common stock (8,738,434,000 and 8,702,227,000 shares outstanding at December 31, 2019 and December 31, 2018, respectively) Accumulated other comprehensive income (loss) - net attributable to GE Other capital Retained earnings Less common stock held in treasury Total GE shareholders' equity Noncontrolling interests (Note 16) Total equity Total liabilities and equity 15,926 20,508 15,753 1,655 67,155 13,826 18,983 14,866 1,875 88,949 3,162 39,826 31,687 16,583 1,658 203 236,187 35,562 31,928 20,839 708 19,281 259,591 6 6 702 (11,732) 34,405 87,732 (82,797) 28,316 1,545 29,861 266,048 $ 702 (14,414) 35,504 93,109 (83,925) 30,981 20,500 51,481 311,072 $
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