Question: Ratio Analysis Presented below are summary financial data from the Jackson Co. annual report: Amounts in millions Balance sheet Cash and cash equivalents $6,600

Ratio Analysis Presented below are summary financial data from the Jackson Co. annual report: Amounts in millions Balance sheet Cash and cash equivalents $6,600 Marketable securities 45,900 Accounts receivable (net) 30,000 Total current assets 126,000 Total assets 465,000 Current liabilities 77,000 Long-term debt 130,625 Shareholders' equity 218,625 Income Statement Interest expense 9,600 Net income before taxes 101,200 Calculate the following ratios: (round to two decimal places) a. Times-interest-earned ratio b. Quick ratio c. Current ratio

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