The following ratios have been calculated for Wholesale Appliances, Inc.Analyze the capital structure and long-term solvency of Wholesale Appliances, Inc.
2015------2014
$\begin{array}{ll}
\text { Debt ratio (\%) } & 77.8 &90.3\
\text { Long-term debt to total capital (\%) } & 29.8&66.1\
Times interest earned (times)&(2.0)&(2.8)\
\text { Cash interest coverage (times) }&4.6&4.1\\text { Fixed charge coverage (times) }&(0.4)&(1.0)\
\text { Cash flow adequacy (times) }&0.2&0.3
\end{array}$

Question

The following ratios have been calculated for Wholesale Appliances, Inc.Analyze the capital structure and long-term solvency of Wholesale Appliances, Inc.
2015------2014
 $\begin{array}{ll}
\text { Debt ratio (\%) } & 77.8 &90.3\
\text { Long-term debt to total capital (\%) } & 29.8&66.1\
Times interest earned (times)&(2.0)&(2.8)\
\text { Cash interest coverage (times) }&4.6&4.1\\text { Fixed charge coverage (times) }&(0.4)&(1.0)\
\text { Cash flow adequacy (times) }&0.2&0.3
\end{array}$

Quizplus · Accepted Answer

The Answer of The following ratios have been calculated for Wholesale Appliances, Inc.Analyze the capital structure and long-term solvency of Wholesale Appliances, Inc.
2015------2014
 $\begin{array}{ll}
\text { Debt ratio (\%) } & 77.8 &90.3\
\text { Long-term debt to total capital (\%) } & 29.8&66.1\
Times interest earned (times)&(2.0)&(2.8)\
\text { Cash interest coverage (times) }&4.6&4.1\\text { Fixed charge coverage (times) }&(0.4)&(1.0)\
\text { Cash flow adequacy (times) }&0.2&0.3
\end{array}$

The Following Ratios Have Been Calculated for Wholesale Appliances, Inc