The financial statements for Limited Brands,Inc.follow (fiscal years ending January):
-Please refer to Limited Brands Inc.'s financial statements above.Use the company's operating profit as an approximation of its EBIT,and assume a 40% tax rate for your calculations.For the fiscal years ending in January of 2006 and 2007,calculate:
a.Debt-to-equity ratio
b.Times-interest-earned ratio
c.Times burden covered

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The Answer of The financial statements for Limited Brands,Inc.follow (fiscal years ending January):
-Please refer to Limited Brands Inc.'s financial statements above.Use the company's operating profit as an approximation of its EBIT,and assume a 40% tax rate for your calculations.For the fiscal years ending in January of 2006 and 2007,calculate:
a.Debt-to-equity ratio
b.Times-interest-earned ratio
c.Times burden covered

The Financial Statements for Limited Brands,Inc