Table T-5.18

Bell Atlantic Corporation

Ratios
  1998 1997
Current ratio 0.86 0.66
Quick ratio 0.72 0.54
Working capital (in $ millions) -1450 -4663
Receivables turnover 4.81 4.76
DSO (in days) 75.88 76.68
Inventory turnover - -
DSI (in days) - -
Payables turnover - -
DPO (in days) - -
Working capital turnover -21.77 -6.48
TIE 4.96 4.34
Fixed assets/equity 2.83 2.74
Debt/equity 2.16 2.11
Pbt/equity 0.38 0.31
Pbt/total assets 0.09 0.07
Pat/equity 0.23 0.19
Pat/total assets 0.05 0.05
Sales/fixed assets 0.86 0.86
Sales/total assets 0.57 0.56
Source: Bell Atlantic Corporation 1998 Annual Report