Financial Ratios for Long-Term Creditors [LO4] Refer to the data in Exercise 152 for Heritage Antiquing Services.
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Financial Ratios for Long-Term Creditors [LO4]
Refer to the data in Exercise 15–2 for Heritage Antiquing Services.
Required:
Compute the following financial ratios for long-term creditors for this year:
1. Times i nterest e arned r atio.
2. Debt-to-equity r atio.
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