Refer to the Simon Company information in Exercises 13-6 and 13-8. Compare the companys long-term risk and
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Refer to the Simon Company information in Exercises 13-6 and 13-8. Compare the company’s long-term risk and capital structure positions at the end of 2018 and 2017 by computing these ratios:
(1) Debt and equity ratios—percent rounded to one decimal,
(2) Debt-to-equity ratio—rounded to two decimals,
(3) Times interest earned—rounded to one decimal. Comment on these ratio results.
Exercises 13-6
Exercises 13-8
Capital StructureCapital structure refers to a company’s outstanding debt and equity. The capital structure is the particular combination of debt and equity used by a finance its overall operations and growth. Capital structure maximizes the market value of a...
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Financial Accounting Information for Decisions
ISBN: 978-1259917042
9th edition
Authors: John J. Wild
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