COLLEGE ACCOUNTING CH. 1-9 (LOW COST)
COLLEGE ACCOUNTING CH. 1-9 (LOW COST)
23rd Edition
ISBN: 9780357069493
Author: HEINTZ
Publisher: CENGAGE L
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Chapter 24, Problem 4SEA

ANALY SIS OF LEVERAGE Based on the financial statement data in Exercise 24-1A, compute the following leverage measures for 20-2 (round all calculations to two decimal places):

(a) Debt-to-equity ratio

(b) Times interest earned ratio (Bond interest is $24,200.)

(c) Assets-to-equity ratio

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License