Label each section

Below is selected balance sheet and income statement information from aldo Company.

(in millions)	2014	2012
Cash	$ 1,483.36	$ 1,536.73
Accounts receivable	735.30	1,097.16
Current assets	2,918.33	3,913.56
Current liabilities	6,157.95	3,385.39
Long-term debt	3,611.63	17,620.81
Short-term debt	4,568.83	1,033.96
Total liabilities	26,363.17	23,218.42
Interest expense	1,338.29	1,566.90
Capital expenditures	211.50	1,545.48
Equity	-7,152.90	4,587.67
Cash from operations	185.98	110.89
Earnings before interest and taxes	1,902.84	1,594.84

a. Compute the following liquidity, solvency and coverage ratios for both years.

• Current ratio (2014, 2012)
• Liabilities-to-equity (2014, 2012)
• Times interest earned (2014, 2012)
• Cash from operations to total debt (2014, 2012)
• Free operating cash flow to total debt (2014, 2012)

b. What is your overall assessment of the companys credit risk? Explain. What differences do you observe between the two years? Please be brief.