Question: Presented below are summary financial data from the Jackson Co . annual report: Amounts in millions Balance sheet Cash and cash equivalents $ 3 ,
Presented below are summary financial data from the Jackson Co annual report:
Amounts in millions
Balance sheet
Cash and cash equivalents $
Marketable securities
Accounts receivable net
Total current assets
Total assets
Current liabilities
Longterm debt
Shareholders equity
Income Statement
Interest expense
Net income before taxes
Calculate the following ratios: round to two decimal places
a Timesinterestearned ratio Answer
b Quick ratio Answer
c Current ratio
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