Question: Presented below are summary financial data from Pompeos annual report: Amounts in millions Balance sheet Cash and cash equivalents $6,328 Marketable securities 63,298 Accounts receivable
Presented below are summary financial data from Pompeos annual report:
| Amounts in millions | ||
|---|---|---|
| Balance sheet | ||
| Cash and cash equivalents | $6,328 | |
| Marketable securities | 63,298 | |
| Accounts receivable (net) | 32,785 | |
| Total current assets | 136,808 | |
| Total assets | 430,773 | |
| Current liabilities | 113,172 | |
| Long-term debt | 21,837 | |
| Shareholders equity | 204,834 | |
| Income Statement | ||
| Interest expense | 1,257 | |
| Net income before taxes | 42,021 |
Calculate the following ratios: (round to two decimal places)
| a. | Times-interest-earned ratio | |
| b. | Quick ratio | |
| c. | Current ratio |
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