Question: 4 Selected financial data for these two close competitors in the home building industry are provided below: Required: 1 - a . Calculate the debt
Selected financial data for these two close competitors in the home building industry are provided below:
Required:
a Calculate the debt to equity ratio for Company A and Company B
b Which company has the higher ratio?
a Calculate the times interest earned ratio for Company A and Company B
b Which company is better able to meet interest payments as they become due?
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Req A
Calculate the debt to equity ratio for Company A and Company BRound your answers to decimal places.
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