Question: You are provided the following information about two companies Naicam

You are provided the following information about two companies, Naicam Ltd. and Riverton Inc.



Required:
a. Calculate the debt-to-equity ratio and the interest coverage ratio for each company.
b. Which company do you think would be considered a safer investment by a long-term lender?Explain.
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  • CreatedFebruary 26, 2015
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