Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Required: 1. Calculate the
Question:
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Required:
1. Calculate the debt to equity ratio for E-Travel and Price check. Which company has the higher ratio?
2. Calculate the times interest earned ratio for E-Travel and Price check. Which company is better able to meet interest payments as they become due?
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Related Book For 
Financial Accounting
ISBN: 978-1259307959
4th edition
Authors: David Spiceland, Wayne Thomas, Don Herrmann
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