Explain why the debt to total assets ratio should never be interpreted without referring to the times

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Explain why the debt to total assets ratio should never be interpreted without referring to the times interest earned ratio.

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Financial Accounting Tools for Business Decision Making

ISBN: 978-1118644942

6th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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Question Posted: Jan 11, 2017 10:22 AM

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Explain why the debt to total assets ratio should never be interpreted without referring to the times

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A companys debt to total asset ratio should be measured in terms of its ability to manage its de...View the full answer

Financial Accounting Tools for Business Decision Making

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