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Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
Edition 22ISBN: 978-0077862275 Exercise 62
Calculate the debt ratio and the return on assets using the year-end information for each of the following six separate companies ($ thousands).
b. Of the six companies, which business relies most heavily on creditor financing
c. Of the six companies, which business relies most heavily on equity financing
d. Which two companies indicate the greatest risk
e. Which two companies earn the highest return on assets
f. Which one company would investors likely prefer based on the risk-return relation
b. Of the six companies, which business relies most heavily on creditor financing
c. Of the six companies, which business relies most heavily on equity financing
d. Which two companies indicate the greatest risk
e. Which two companies earn the highest return on assets
f. Which one company would investors likely prefer based on the risk-return relation
Explanation
Verified
Verified
a.
Debt ratio:
The debt ratio indicate...
Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta
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