See Table 2.5 showing financial statement data and stock price data for Mydeco Corp. a. By how
Question:
a. By how much did Mydeco increase its debt from 2012 to 2016?
b. What was Mydeco's EBITDA/Interest coverage ratio in 2012 and 2016? Did its coverage ratio ever fall below 2?
c. Overall, did Mydeco's ability to meet its interest payments improve or decline over this period?
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a Mydeco increased its debt from 500 million in 2012 to 600 million in 201...View the full answer
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