Question: Tim Hortons Inc. reported a debt to total assets ratio of 32.2% and times interest earned ratio of 41.1 times at the end of its
Tim Hortons Inc. reported a debt to total assets ratio of 32.2% and times interest earned ratio of 41.1 times at the end of its second quarter in 2013. The industry averages at the time were 39.3% and 55.6 times, respectively. Is Tim Hortons' solvency better or worse than that of the industry?
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