Ratio Analysis

Presented below are summary financial data from the Smith Co$.$ annual report:

Amounts in millions

Balance Sheet

Cash and Cash Equivalents $$2,200$

Marketable Securities $16,200$

Accounts Receivable $($net$)10,000$

Total Current Assets $42,000$

Total Assets $155,000$

Current Liabilities $25,000$

Long$-$Term Debt $52,500$

Shareholders$$ Equity $79,500$

Income Statement

Interest Expense $6,400$

Net Income Before Taxes $37,800$

Calculate the following ratios:

$($Round to $2$ decimal points$)$

a$.$ Times$-$interest$-$earned ratio Answer

b$.$ Quick ratio Answer

c$.$ Current ratio Answer