Solvency and profitability ratios. (LO 3) Use the financial statements for Wendy's to calculate the following solvency
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Solvency and profitability ratios. (LO 3)
Use the financial statements for Wendy's to calculate the following solvency ratios and profitability for 2005 and provide an interpretation for each ratio.
a. Debt-to-equity ratio
b. Times-interest-earned ratio
c. Return on assets
d. Return on equity
e. Gross margin percentage
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