A manufacturing company's financials reveal the following ratios:
Ratio/Calculation	2016	2015	2014	2013	2012	Industry Ave.
Debt Ratio	40.0%	42.0%	46.0%	45.0%	45.0%	52.0%
Times Interest Earned	7.1	7.1	7.1	6.9	6.9	7.1
Fixed Charge Coverage	5.4	5.4	5.9	6.9	6.9	6.5
Financial Leverage Ratio	1.7	1.7	1.9	1.8	1.8	2.1

Based on your review of this company's debt paying ability ratios and their comparison to the industry averages, comment on this company's debt-paying ability and financial leverage position.

Answer rating: 100% (QA)

Based on the provided financial ratios and their comparison to industry averages heres an assessment of the manufacturing companys debtpaying ability ... View the full answer