Question: Selected financial data for these two close competitors in the home building industry are provided below: (in millions)] Total assets Company A Company. B

industry are provided below: (in millions)] Total assets Company A Company. B

$40,070 $33,050 Total liabilities: 21,480 13,916 Total stockholders' equity 19,390 19,140 Sales

66,176 47,250 Interest expense 690 340 Income tax expense 1,430 1,060 Net

Selected financial data for these two close competitors in the home building industry are provided below: (in millions)] Total assets Company A Company. B $40,070 $33,050 Total liabilities: 21,480 13,916 Total stockholders' equity 19,390 19,140 Sales 66,176 47,250 Interest expense 690 340 Income tax expense 1,430 1,060 Net income 2,600 1,750 1-a. Calculate the debt to equity ratio for Company A and Company B. -b. Which company has the higher ratio? 2-a. Calculate the times interest earned ratio for Company A and Company B. 2-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Req 1A Req 18 Req ZA Req 28 Calculate the debt to equity ratio for Company A and Company B. (Round your answers to 2 decimal places. Debt to Equity Ratio Company A Company B CL Req 18 > < Prev SC

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