Question: Problem 2) (20 points) Using just the information provided below for Alpha Company, please comment on this company from a long-term debt-paying ability perspective. What
| Problem 2) (20 points) Using just the information provided below for Alpha Company, please comment on this company from a long-term debt-paying ability perspective. What do you see that you like, if anything, and what are your concerns about this company's abilities to pay its debts on an on-going basis. | ||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | Ind. Average | |||
| Debt Ratio (Book-based) | 72% | 69% | 66% | 60% | 58% | 64% | ||
| TIE | 6.9 | 7.0 | 7.0 | 7.1 | 7.2 | 7.0 | ||
| Bond Rating (S&P) | BBB | BBB+ | BBB+ | BBB+ | AA- | NA | ||
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