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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 16
Shown below are data from recent reports of two toy makers.ollar amounts are stated in thousands.
a.ompute for each company (1) the debt ratio and (2) the interest coverage ratio.Round the debt ratio to the nearest percent and the interest coverage ratio to two decimal places.)
b.n your opinion, which of these companies would a long-term creditor probably view as the safer investment Explain.
a.ompute for each company (1) the debt ratio and (2) the interest coverage ratio.Round the debt ratio to the nearest percent and the interest coverage ratio to two decimal places.)
b.n your opinion, which of these companies would a long-term creditor probably view as the safer investment Explain.
Explanation
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Accounting Ratios: Accounting ratios are...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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