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Question 3 Incomplete answer Marked out of2.00 V Flag question Analysis and Interpretation of Liquidity and Solvency Headquartered in Calgary, Alberta, Husky Energy Inc. is a publicly traded, integrated energy company. Selected fiscal year balance sheet and income statement information for Husky Energy follow (Canadian $ millions). C$ millions 2018 2017 Cash and equivalents $3,038 $2,664 Short-term investments - - Accounts receivable 1,436 1,436 Current assets 6,029 5,953 Current liabilities 4,994 3,507 Total liabilities 15,611 14,960 Total equity 20,791 19,045 Earnings before interest and tax (EBIT) 2,221 767 Interest expense, gross 314 392 Required a. Compute the current ratio and quick ratio for 2018 and 2017. Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555). 2018 2017 0 0 Current ratio Quick ratio b. Compute times interest earned and liabilities-to-equity ratios for 2018 and 2017. Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555). 201 8 201 7 Time interest earned 0 0 Lia bilitiestoequity 0 0 C. 0 Husky's liquidity is best described as 0 Husky's solvency is best described as