Refer to the Sexton Company information in Exercises 13-6 and 13-8. Compare the companys long term risk

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Refer to the Sexton Company information in Exercises 13-6 and 13-8. Compare the company’s long¬

term risk and capital structure positions at the end of 2006 and 2005 by computing these ratios:

(1) debt and equity ratios, (2) pledged assets to secured liabilities, and (3) times interest earned.

Comment on these ratio results.

Exercise I3-IO Efficiency and profitability analysis P3

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Financial Accounting Information For Decisions

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Refer to the Sexton Company information in Exercises 13-6 and 13-8. Compare the companys long term risk

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Financial Accounting Information For Decisions

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