Which company is more liquid and which company is more solvent? HAL SLB Liquidity Current Ratio 2.32 1.17 Quick Ratio 1.51 0.79 Solvency Liabilities to equity 1.72 0.93 Times-interest-earned 4.45 5.68

Which company is more liquid and which company is more solvent? HAL SLB Liquidity Current Ratio 2.32 1.17 Quick Ratio 1.51 0.79 Solvency Liabilities to equity 1.72 0.93 Times-interest-earned 4.45 5.68

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 58BE: Liquidity Ratios JRLs financial statements contain the following information: Required: 1. What is...

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Question

Which company is more liquid and which company is more solvent?

		HAL	SLB
Liquidity	Current Ratio	2.32	1.17
	Quick Ratio	1.51	0.79
Solvency	Liabilities to equity	1.72	0.93
	Times-interest-earned	4.45	5.68

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