elected balance sheet and income statement information from Verizon Communications Inc. follows. $ millions 2018 2017...
elected balance sheet and income statement information from
Verizon Communications Inc. follows.
| $ millions | 2018 | 2017 |
|---|---|---|
| Current assets | $34,636 | $29,315 |
| Current liabilities | 37,171 | 33,037 |
| Total liabilities | 382,308 | 384,038 |
| Equity | 53,616 | 44,687 |
| Earnings before interest and taxes | 22,278 | 26,877 |
| Interest expense, gross | 4,736 | 4,733 |
| Net cash flow from operating activities | 34,339 | 23,832 |
Compute the following ratios for Verizon for both 2018 and
2017.
Note: Round amount to two decimal places (for
example, enter 6.78 for 6.77555).
| Ratio | 2018 | 2017 | |
|---|---|---|---|
| a. | Current ratio | Answer | Answer |
| b. | Times interest earned | Answer | Answer |
| c. | Liabilities‑to‑equity | Answer | Answer |
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elected balance sheet and income statement information from
Verizon Communications Inc. follows.
$ millions
2018
2017...
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