In 2010, Rogers Communications Inc. reported a debt to total assets ratio of 77% and a cash

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In 2010, Rogers Communications Inc. reported a debt to total assets ratio of 77% and a cash total debt coverage ratio of 0.3 times. Its competitor, Shaw Communications Inc., reported a debt to total assets ratio of 73% and a cash total debt coverage ratio of 0.2 times in the same year. Based only on this information, which company is more solvent?
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118024492

5th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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