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Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Comcast...
Compute and Interpret Liquidity and Solvency Ratios
Selected balance sheet and income statement information from
Comcast Corporation for 2015 and 2014 follows ($ millions).
| Total Current Assets | Total Current Liabilities | Income Before Interest and Taxes | Interest Expense | Total Liabilities* | Stockholders' Equity | |
|---|---|---|---|---|---|---|
| *Includes redeemable noncontrolling interests | ||||||
| 2015 | $12,453 | $18,178 | $15,823 | $2,702 | $112,596 | $54,578 |
| 2014 | 13,681 | 17,410 | 15,151 | 2,617 | 106,118 | 53,668 |
a. Compute the current ratio for each year.
Round answers to two decimal places.
| Current Ratio | |
|---|---|
| 2015 | Answer |
| 2014 | Answer |
b. Compute times interest earned and the liabilities-to-equity
ratio for each year.
Round answers to two decimal places.
| Times interest | Liabilities to | |
|---|---|---|
| earned | equity | |
| 2015 | Answer | Answer |
| 2014 | Answer | Answer |
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