Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e. a. Create a table that compares the performance of Pfizer
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Access the Data Analytic worksheet at www.wiley.com/go/pratt/financialaccounting11e.
a. Create a table that compares the performance of Pfizer and Merck, competing drug manufacturers, on long-term debt as a percent of total assets (long-term debt ratio) for 2018 and 2017.
b. For the two companies, link your analysis in (a) to return on equity through the effect on capital structure leverage.
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