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. 2020 2019 2018 2017 2016 Ind. Average Debt Ratio (Book-based) 72% 69% 66% 60% 58% 64% TIE 5.0 6.0 6.5 7.1 7.5 7.0 Bond Rating (S&P) BB- BBB BBB+ A- A+ NA
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