Examine the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the

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Examine the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2021: 

1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise.

2. Evaluate each company’s long-term debt-paying ability (strong, medium, weak).

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Financial Accounting

ISBN: 9780136899037

13th Edition

Authors: C. William Thomas, Wendy M Tietz

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