(Answered) Question - compute and interpret liquidity and solvency

Accounting

Question - 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

2015 $12,303 $18,178 $15,673 $2,702 $112,596 $53,978

2014 13,531 17,410 15,001 2,617 106,118 53,068

*Includes redeemable noncontrolling interests

a. Compute the current ratio for each year.

b. Compute times interest earned and the liabilities-to-equity ratio for each year.

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