Question: Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance sheet Cash and cash equivalents $5,424 Marketable securities 54,255 Accounts receivable
Presented below are summary financial data from Pompeo's annual report: Amounts in millions Balance sheet Cash and cash equivalents $5,424 Marketable securities 54,255 Accounts receivable (net) 28,101 Total current assets 117,264 Total assets 369,234 Current liabilities 103,741 Long-term debt 20,017 Shareholders' equity 187,765 Income Statement Interest expense 1,077 Net income before taxes 38,519 Calculate the following ratios: (round to two decimal places) a. Times-interest-earned ratio b. Quick ratio C. Current ratio
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