The database below summarizes financial information for 32 companies and their perceived risk of default. Convert these
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Question:
The database below summarizes financial information for 32 companies and their perceived risk of default. Convert these data into an Excel table. Use table-based calculations to find the average debt and average equity for companies with a risk of default, and also for those without a risk of default. Does there appear to be a difference between companies with and without a risk of default?
The average debt for companies with a risk of default is ____
The average debt for companies without risk of default is ____
The average debt for companies with a risk of default is ____
The average debt for companies without a risk of default is ______
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