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Current assets 13,709 15,731 Current ratio 1.89 1.17 Current liabilities 7,244 13,486 Cash + Investments + A/R 8,253 9,040 Quick ratio 1.14 1.18 Current liabilities 7,244 7,687 Total liabilities 26,652 9,848 26,365 Liabilities to equity 2.71 2.27 Total equity 11,622 Earnings before interest and tax 7,207 7,692 es-interest-earned 156.67 240.38 Interest expense, gross 46 32

Current assets 13,709 15,731 Current ratio 1.89 1.17 Current liabilities 7,244 13,486 Cash + Investments + A/R 8,253 9,040 Quick ratio 1.14 1.18 Current liabilities 7,244 7,687 Total liabilities 26,652 9,848 26,365 Liabilities to equity 2.71 2.27 Total equity 11,622 Earnings before interest and tax 7,207 7,692 es-interest-earned 156.67 240.38 Interest expense, gross 46 32

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Based on this - what comments can I make on liquidity and solvency?

 

2018 2017 Current assets 13,709 15,731 Current ratio 1.89 1.17 Current liabilities 7,244 13,486 Cash + Investments + A/R 8,253 9,040 Quick ratio 1.14 1.18 Current liabilities 7,244 7,687 Total liabilities 26,652 26,365 Liabilities to equity 2.71 2.27 Total equity 9,848 11,622 Earnings before interest and tax 7,207 7,692 Times-interest-earned 156.67 240.38 Interest expense, gross 46 32
Transcribed Image Text:2018 2017 Current assets 13,709 15,731 Current ratio 1.89 1.17 Current liabilities 7,244 13,486 Cash + Investments + A/R 8,253 9,040 Quick ratio 1.14 1.18 Current liabilities 7,244 7,687 Total liabilities 26,652 26,365 Liabilities to equity 2.71 2.27 Total equity 9,848 11,622 Earnings before interest and tax 7,207 7,692 Times-interest-earned 156.67 240.38 Interest expense, gross 46 32
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