Question
1) What was the Debt/EBITDA for 2016, 2017 and 2018? a) 3.6X, 4.5X, 2.2X b) 3.5X, 4.1X, 2.1X c) 3.5X, 4.4X, 2.2X 1a) Based on
1) What was the Debt/EBITDA for 2016, 2017 and 2018?
a) 3.6X, 4.5X, 2.2X
b) 3.5X, 4.1X, 2.1X
c) 3.5X, 4.4X, 2.2X
1a) Based on the answer from #1, what are the numbers showing us?
a) Razza Enterprises has seen large declines in its use of debt resulting in an improvement in the Debt/EBITDA ratio?
b) Although the ratio peaked in 2017, Razza Enterprises while still increasing its level of debt in 2018 (versus 2017) has increased its earnings at a higher rate, reducing the ratio dramatically?
c) Razza Enterprises has seen continued growth in its Debt/EBITDA ratio resulting in the company becoming more highly leveraged?
2) Which financial statement do line items such as Long Term Debt get reported?
a) Income Statement
b) Balance Sheet
c) Statement of Cash Flows
2016 2017 2018 Cash 250.0 350.7 620.5 Accounts Payable 137.5 178.9 249.3 44.0 542.4 627.4 Current maturities of long-term debt Long Term Debt 9,711.5 8,821.2 9,631.4Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started