ANALYSIS OF LEVERAGE Based on the financial statement data in Exercise 24-1A, compute the following leverage measures
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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.)
(c) Assets-to-equity ratio
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a Debttoequity ratio 808000 1968600 ...View the full answer
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