Solution-Compute the current ratio for each year

Compute the current ratio for each year

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Reference no: EM133123941

Question - Compute and Interpret Liquidity and Solvency Ratios - Selected balance sheet and income statement information from Siemens, AG, for 2012 through 2014 follows (€ millions).

	Total Current Assets	Total Current Liabilities	Cash Flow from Operations	Pretax Income	Interest Expense	Total Liabilities	Stockholders' Equity
2012	€ 58,016	€ 46,593	€ 7,675	€ 7,388	€ 792	€ 83,284	€ 33,600
2013	52,825	41,834	7,938	6,565	816	79,713	30,856
2014	53,964	40,564	7,982	8,179	796	79,813	33,699

Required -

a. Compute the current ratio for each year. Also compute the operating cash flow to current liabilities (OCFCL) ratio for each year.

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

Reference no: EM133123941

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Compute the current ratio for each year

Reference no: EM133123941

Reference no: EM133123941

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