Starbucks Corporation reported a debt to total assets ratio of 42.3% and times interest earned ratio of

Question:

Starbucks reported a debt to total assets ratio of 42.3% and times interest earned ratio of 49.6 times in 2010. The industry averages were 44.8% and 11.4 times, respectively. Is Starbucks' better or worse than that of the industry?
Solvency
Solvency means the ability of a business to fulfill its non-current financial liabilities. Often you have heard that the company X went insolvent, this means that the company X is no longer able to settle its noncurrent financial... Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...