Key comparative figures for Best Buy and RadioShack follow. 1. What is the debt ratio for Best
Question:
1. What is the debt ratio for Best Buy in the current year and for the prior year?
2. What is the debt ratio for RadioShack in the current year and for the prior year?
3. Which of the two companies has the higher degree of financial leverage? What does this imply?
Transcribed Image Text:
Best Buy RadioShack Current Year Prior Year Current Year Prior Year $1,219.9 1,989.6 (S mllons) $11,183 15,826 $ 8274 $1466.2 2,283.5 Total assets .. 12,758
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1 Best Buy millions Current year debt ratio 11183 15826 707 Prior yea...View the full answer
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