Compute Liquidity and Solvency Ratios for Competing Firms Halliburton and Schlumberger compete in the oil field services sector. Refer to the following 2018 financial data for the two companies to answer the requirements $ millions Cash and equivalents Short-term investments Accounts receivable Current assets Current liabilities Total liabilities Total equity 16,438 33,921 9,830 37,684 Earnings before interest and tax (EBIT) 2,541 3,142 Interest expense, gross 554 537 HAL SLB $2,008 $1,433 1,344 5,391 8,117 11,151 15,731 4,946 13,891 a. Compute the following measures for both companies. Note: Round your final answers to two decimal places (for example, enter 6.78 for 6.77555). HAL 1. Current ratio 2. Quick ratio 3. Times interest earned 4. Liabilities-to-equity SLB b. Which company appears more liquid? c. Which company appears more solvent? + +

1. Calculate the cash operating cycle of Stone Limited for the year ended 30 April, 2018 and 2019.2. Calculate the comparative ratios for Stone limited for the year ended 30 April 2019. (to two decimal places where appropriate).3. Based on the result of the previous year end and the industry average. Draft a report addressed to the Board of Directors of Stone Limited analysing the performance of the company for the year 2019

You are an investment analyst at FI Investments tasked to value FBC firm a Southern Agricultural Conglomerate. The following financial information was recently released for FBC. The company’s 2018 and 2017 annual financial reports are contained in tables 1 and 2 below, along with important additional information:   Table 1: FBC statement of financial position (R millions)   2018 2017 Cash and equivalents R149 R83 Accounts receivable 295 265 Inventory 275 285 Total current assets R719 R633       Total fixed assets 3 909 3 856       Accounts payable 228 220 Notes payable 0 0 Total current liabilities 228 220       Long term debt 1 800 1 650       Total liabilities and shareholders equity 3 909 3 856 Number of shares outstanding (millions) 100 100       Additional information: Depreciation (2018): R483. The firm spent R250m in profitable projects during the…

Using the financial statements in the image, calculate the following ratios for both the FY 2017 and FY 2018: Current Ratio Quick Ratio Total Asset Turnover  Average Collection  Total Debt to Total Assets Times Interest Earned Net Profit Margin Return on Assets Return on Equity Modified Du Point Equation for FY 2018 PE Ratio Market to Book Ratio