E BusinessCourse Return to course Ratio Analysis Presented below are summary financial data from Porter's...
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E BusinessCourse Return to course Ratio Analysis Presented below are summary financial data from Porter's annual report: Amounts in millions Balance Sheet Cash and Cash Equivalents $1,850 Marketable Securities 19,100 Accounts Receivable (net) 9.367 Total Current Assets 39,088 Total Assets 123,078 Current Liabilities 38,450 Long-Term Debt 7,279 Shareholders' Equity 68,278 Income Statement Interest Expense 400 Net Income Before Taxes 14,007 Calculate the following ratios: (Round to 2 decimal points) a. Times-interest-earned ratio b. Quick ratio c. Current ratio
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