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Compute current ratio for goodyear tire and rubber company

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Reference no: EM132707904

Selected balance sheet and income statement data follow for Goodyear Tire & Rubber Company for the year ended December 31, 2013 (in millions).

Cash and cash equivalents - 2,996
Accounts receivable- 2,435
Total current assets- 8,644
Total current liabilities-5,025
Total liabilities-15,082
Total liabilities and shareholders' equity- 17,527

Problem 1: Compute the current ratio:

A. 1.08

B. 0.57

C. 1.72

D. 1.16

Reference no: EM132707904

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