Question: ANALYSIS OF LEVERAGE Based on the financial statement data in Exercise 24-1A, compute the following leverage measures for 20-2 (round all calculations to two decimal

ANALYSIS OF LEVERAGE Based on the financial statement data in Exercise 24-1A, compute the following leverage measures for 20-2 (round all calculations to two decimal places):

(a) Debt-to-equity ratio

(b) Times interest earned ratio (Bond interest is $24,200.)

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