Question: Please answer in Excel format with proper labels and formulas for a great rating. Thank you! P 7-6 Mr. Parks has asked you to advise


Please answer in Excel format with proper labels and formulas for a great rating. Thank you!
P 7-6 Mr. Parks has asked you to advise him on the long-term debt-paying ability of Arodex Company. He provides you with the following ratios: Times interest earned Debt ratio Debt to tangible net worth 2011 2010 2009 6.0 40% 39% 40% 81% 8.2 5.5 80% 81% (continued)
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