GOME (www.GOME.com.hk), Best Buy, and Radio Shack are competitors in the global Market place. Selected results from
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1. Compute GOMEs debt-to-equity ratio for the current year and the prior year.
2. Use the data provided and the ratios you computed in part 1 to determine which companys financing structure is least risky.
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GOME (RMB millions) Best Buy (S millions) RadioShack (S millions) Current Prior Current Prior Current Prior Key Figures Total assets Total liabilities Total equity.. . Debt-to-equity ratio Year Year Year Year Year Year 27495.104 29,837.493 $15,826 2,758 $2,283.5 $1,989.6 18,795.069 19,444.825 ,183 8,274 466.2 219.9 8,700.035 10,392668 4,643 4,484 817.3 769.7 2.41 1.85 1.79 1.58
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