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Category > Accounting Posted 25 May 2017 My Price 15.00

Consecutive five-year balance sheets and income statements of Laura Gibson Corporation

Consecutive five-year balance sheets and income statements of Laura Gibson Corporation are shown below and on the following page.

Required

a. Compute the following for the years ended December 31, 2007–2011:

1. Times interest earned

2. Fixed charge coverage

3. Debt ratio

4. Debt/equity ratio

5. Debt to tangible net worth

b. Comment on the debt position and the trends indicated in the long-term debt-paying ability.

Answers

Alpha Geek

(8)

Status NEW Posted 25 May 2017 09:05 AM My Price 15.00

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file 1495704802-1954790_1_636312350095623198_Answer.xlsx preview (1 words )