Question: New Flyer Industries Inc. reported the following measures for 2015 and 2014: ___________________________________2015...................2014 Debt to total assets..........................72.7%................60.1% Times interest earned..................9.4 times............5.2 times Free cash flow

New Flyer Industries Inc. reported the following measures for 2015 and 2014:

___________________________________2015...................2014

Debt to total assets..........................72.7%................60.1%

Times interest earned..................9.4 times............5.2 times

Free cash flow (in U.S. $ millions)......$34.....................$35

Is New Flyer's solvency improving or deteriorating? Explain.

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