Begin by computing the ratios. Start by selecting the formula for the current ratio. Then, calculate the current ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the current ratios to two decimal places.) Sobeys Sony Daimler Sobeys Sony 1 Next, select the formula for the debt ratio. Then, calculate the debt ratios for Sobeys, Sony, and Daimler. (Enter amounts In millions or billions as provided to you in the problem statement. Round the debt ratios to two decimal places.) 1 1 OA. Sony OB. Daimler OC. Sobeys OD. They all look fairly similar. Current ratio Soboys Sony Daimler Based on your computed ratio values, which company looks the least risky? Next, select the formula for the times-interest-earned ratio. Then, calculate the times-interest-earned ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the times-interest-earned ratios to two decimal places.) Debt ratio Times-interest-earned ratio Financial statements (amounts in millions or billions)

Begin by computing the ratios. Start by selecting the formula for the current ratio. Then, calculate the current ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the current ratios to two decimal places.) Sobeys Sony Daimler Sobeys Sony 1 Next, select the formula for the debt ratio. Then, calculate the debt ratios for Sobeys, Sony, and Daimler. (Enter amounts In millions or billions as provided to you in the problem statement. Round the debt ratios to two decimal places.) 1 1 OA. Sony OB. Daimler OC. Sobeys OD. They all look fairly similar. Current ratio Soboys Sony Daimler Based on your computed ratio values, which company looks the least risky? Next, select the formula for the times-interest-earned ratio. Then, calculate the times-interest-earned ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the times-interest-earned ratios to two decimal places.) Debt ratio Times-interest-earned ratio Financial statements (amounts in millions or billions)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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THE ANSWER IS NOT 21% OR 0.2% can you give me a few answers to try? Thank you!
All the figures are in millions. Please calculate: debt ratio and times interest earned ratio Please written down the formulas used and use excel. BKW Current Asset Current Liabilities Total Liabilities Total Assets 2016 344,168 145,498 678,726 2,517,211 2017 356,979 160,215 752,063 2,719,903 2018 368,473 177,655 804,059 2,875,137 2019 495,024 261,798 925,626 3,092,984 2020 637,416 232,882 1,428,922 3,832,933 2021 579,863 268,282 1,546,085 4,025,832 BKW Net Cash Provided by operating activities Operating Income Before Tax Finance Costs Cash and cash eqiv & Accounts receivables 2016 148,507 121,756 - 14,080 19,641 + 133,225 2017 115,422 256,583 - 12,436 19,641 + 133,225 2018 170,948 244,453 - 14,456 21,167 + 122,216 2019 123,080 314,475 - 23,883 74,881 + 133,319 2020 75,259 417,117 -…
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