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Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from...

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Accounting

Compute and Interpret Liquidity and Solvency Ratios Selected balance sheet and income statement information from Siemens, AG, for 2012 through 2014 follows ( millions).

Total Current Assets Total Current Liabilities Cash Flow from Operations Pretax Income Interest Expense Total Liabilities Stockholders' Equity
2012 52,128 42,627 6,923 6,636 760 77,396 30,855
2013 46,937 37,868 7,186 5,813 784 73,825 28,111
2014 48,076 36,598 7,230 7,427 764 73,925 30,954

a. Compute the current ratio for each year. Also compute the operating cash flow to current liabilities (OCFCL) ratio for each year. (In 2011, current liabilities totaled 43,560 million.) Round answers to two decimal places. Do not round your final answer.

Current ratio OCFCL
2012 Answer Answer
2013 Answer Answer
2014 Answer Answer

b. Compute times interest earned and the debt-to-equity ratio for each year. Round answers to two decimal places. Do not round your final answer.

TIE D/E
2012 Answer Answer
2013 Answer Answer
2014 Answer Answer

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