Question: RWP 9 - 3 ( Static ) Financial Analysis: The Buckle, Incorporated Financial information for Buckle is presented in Appendix B at the end of

RWP9-3(Static) Financial Analysis: The Buckle, Incorporated
Financial information for Buckle is presented in Appendix B at the end of the book.
Required:
1-a. Calculate the debt to equity ratio for the past two years.
1-b. Did the ratio increase or decrease in the more recent year?
2-a. Calculate the return on assets for the most recent year.
2-b. Does the return on assets exceed the cost of borrowing of approximately 4%?
3. Review the balance sheet and note F to the financial statements. Based on this information, how would you rate the bankruptcy risk of Buckle?

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