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12 eBook B Hint Print Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Pricecheck $ 2,094,224 E-Travel $ 7,437,156 4,254,475
12 eBook B Hint Print Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Pricecheck $ 2,094,224 E-Travel $ 7,437,156 4,254,475 3,182,681 $ 3,455,426 486,610 1,607,614 $ 2,838,212 Total assets Total liabilities Total stockholders' equity Sales revenue Interest expense Income tax expense Net income Required: 94,233 174,400 319,526 34,084 57, 168 509,472 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. 1-b. Which company has higher leverage risk? 2-a. Calculate the times interest earned ratio for E-Travel and Pricecheck. 2-b. Which company is better able to meet interest payments as they become due?
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