Question: 2 Compute the ratios requested in the chart below. For ratio formulas and explanation refer to Appendix BRatios. Carnival Corporation Industry Norm* Year 5 Year

2 Compute the ratios requested in the chart below. For ratio formulas and explanation refer to Appendix BRatios. Carnival Corporation Industry Norm* Year 5 Year 3. Current ratio 0.50Debt ratio 63%Times Interest Earned 8.00* Industry: Resorts and Casinos For each ratio, (a) compare the two years of ratios and circle the ratio indicating lower financial risk, (b) cross out any ratio indicating greater financial risk than the industry norm, and (c) comment on the results

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