1. Which company has a higher times interest earned ratio?

2. Which company has a lower return on equity?

3. Which company has the better ROE?

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Income Statement Disney Income Statement Area 2.1 Disney Income Statement Revenue Cost of Revenue Gross Profit Operating Expense Operating Income Int Exp Taxes Net Income From the Balance Sheet Total Shareholders Equity FY 2021 69,570,000 42,018,000 27,552,000 15,701,000 11,851,000 978,000 6,102,000 11,054,000 93,889,000 Income Statement Disney Income Statement Area 2.1 Disney Income Statement Revenue Cost of Revenue Gross Profit Operating Expense Operating Income Int Exp Taxes Net Income From the Balance Sheet Total Shareholders Equity FY 2021 69,570,000 42,018,000 27,552,000 15,701,000 11,851,000 978,000 6,102,000 11,054,000 93,889,000

Answer rating: 100% (QA)

a Times interest earned ratio is the ratio of earnings before interest and tax and interest expens... View the full answer