Computing Liquidity and Solvency Ratios The following information is provided for a company for the year...

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Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). Account Dec 31, 2020 Total liabilities $45,133 Current liabilities 19,253 Total assets 84,284 Current assets 27,737 Cash 4,914 Marketable securities 4,391 Accounts receivable 16,680 Compute the following ratios, rounding the answer to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. a. Current ratio b. Quick ratio c. Total liabilities-to-equity Computing Liquidity and Solvency Ratios The following information is provided for a company for the year ended December 31, 2020 ($ millions). Account Dec 31, 2020 Total liabilities $45,133 Current liabilities 19,253 Total assets 84,284 Current assets 27,737 Cash 4,914 Marketable securities 4,391 Accounts receivable 16,680 Compute the following ratios, rounding the answer to two digits after the decimal; for example, enter 1.42 for 1.424, or 1.43 for 1.425. a. Current ratio b. Quick ratio c. Total liabilities-to-equity

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a Current ratio Current assetscurrent liabilities 2773719253 144 ... View the full answer