Question: Ratio Analysis Presented below are summary financial data from Pompeos annual report: Amounts in millions Balance sheet Cash and cash equivalents $2,712 Marketable securities 27,128

Ratio Analysis

Presented below are summary financial data from Pompeos annual report:

Amounts in millions
Balance sheet
Cash and cash equivalents $2,712
Marketable securities 27,128
Accounts receivable (net) 14,051
Total current assets 58,632
Total assets 184,617
Current liabilities 66,017
Long-term debt 12,738
Shareholders equity 119,487
Income Statement
Interest expense 539
Net income before taxes 24,512

Calculate the following ratios: (round to two decimal places)

a. Times-interest-earned ratio

Answer
b. Quick ratio

Answer
c. Current ratio

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