An analyst evaluating a companys solvency gathers the following information Th e companys debt to assets ratio is closest to A 0 18 B 0 27 C 0 37 Short term interest bearing debt $ Millions 1,258 Long term interest bearing debt 321 Total shareholder's equity 4,285 Total assets 8,750 EBIT 2,504 Inte...

An analyst evaluating a companys solvency gathers the following information: Th e companys debt-to-assets ratio is closest

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An analyst evaluating a company’s solvency gathers the following information: image text in transcribed

Th e company’s debt-to-assets ratio is closest to:
A . 0.18.
B . 0.27.
C . 0.37.

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International Financial Statement Analysis Workbook

ISBN: 9781119628095

4th Edition

Authors: Thomas R. Robinson, Elaine Henry, Wendy L. Pirie

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Question Posted: Mar 28, 2024 04:01 AM

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An analyst evaluating a companys solvency gathers the following information: Th e companys debt-to-assets ratio is closest

Question:

Short-term interest-bearing debt $ Millions 1,258 Long-term interest-bearing debt 321 Total shareholder's equity 4,285 Total assets 8,750 EBIT 2,504 Interest payments 52

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A is correct becaus...View the full answer

International Financial Statement Analysis Workbook

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