QUESTION 2 Partially correct 2.00 points out of 12.00 Flag question Analyzing Financial Risk Presented...
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QUESTION 2 Partially correct 2.00 points out of 12.00 Flag question Analyzing Financial Risk Presented below are summary financial data from the Coca-Cola Enterprises, Inc., annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency ratios for Year 1 and Year 2. (amounts in millions) Balance sheet Year 1 Year 2 155 $107 Cash and cash equivalents Marketable securities Accounts receivable (net) Total current assets Total assets Current liabilities Current portion of long-term debt Long.term debt Shareholders' equity 1,884 1,802 3,371 3,395 26,461 25,357 ,451 3,846 944 10,523 9,165 5,378 5,643 607 Income statement Interest expense $619 $633 Net income before taxes 818 790 Round all answers to two decimal places. Year 1 Year 2 Liquidity Cash and marketable securities to total assets 0.59 % 0.42 % Quick ratio Current ratio Solvency Long-term debt to total assets Long-term debt to shareholders' equity Interest coverage ratic QUESTION 2 Partially correct 2.00 points out of 12.00 Flag question Analyzing Financial Risk Presented below are summary financial data from the Coca-Cola Enterprises, Inc., annual report. Using the ratio definitions from Exhibit 4.6, calculate the following liquidity and solvency ratios for Year 1 and Year 2. (amounts in millions) Balance sheet Year 1 Year 2 155 $107 Cash and cash equivalents Marketable securities Accounts receivable (net) Total current assets Total assets Current liabilities Current portion of long-term debt Long.term debt Shareholders' equity 1,884 1,802 3,371 3,395 26,461 25,357 ,451 3,846 944 10,523 9,165 5,378 5,643 607 Income statement Interest expense $619 $633 Net income before taxes 818 790 Round all answers to two decimal places. Year 1 Year 2 Liquidity Cash and marketable securities to total assets 0.59 % 0.42 % Quick ratio Current ratio Solvency Long-term debt to total assets Long-term debt to shareholders' equity Interest coverage ratic
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