Question: please help! will leave immediate feedback!! Company Interest Coverage Ratio Quick Launch Rockets 25.0x Fast Start Motorcycles 1.5x Which company is MOST LIKELY to have
Company Interest Coverage Ratio Quick Launch Rockets 25.0x Fast Start Motorcycles 1.5x Which company is MOST LIKELY to have a higher probability of default and bankruptcy risk? Quick Launch Rockets Fast Start Motorcycles They both likely have equal probability of default and bankruptcy risk Interest coverage is not an indicator of potential default and bankruptcy risk, Interest coverage is a potential indicator of default risk, but not bankruptcy risk
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
