Requirements 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak). Question 6 Print Done 5. Leverage ratio - X Data table 1. Total assets 2. Total common stockholders' equity 3. Operating income 4. Interest expense 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned The Deal Corporation $ $ $ $ Simple Stores, Inc. (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 : SE
Requirements 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak). Question 6 Print Done 5. Leverage ratio - X Data table 1. Total assets 2. Total common stockholders' equity 3. Operating income 4. Interest expense 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned The Deal Corporation $ $ $ $ Simple Stores, Inc. (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 : SE
Century 21 Accounting Multicolumn Journal
11th Edition
ISBN:9781337679503
Author:Gilbertson
Publisher:Gilbertson
Chapter17: Financial Statement Analysis
Section17.4: Analyzing Financial Statements Using Financial Ratios
Problem 1WT
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