Question
14. Debt management ratios a. Debt/Assets=16.16%(in 2019)& 13.21%(2020): Declined b. Long term liabilities /Equity= 14.66%(in 2019) & 19.49%(in2020): Increased c. TIE=Income taxes on continuing operations/Interest
14. Debt management ratios
a. Debt/Assets=16.16%(in 2019)& 13.21%(2020): Declined
b. Long term liabilities /Equity= 14.66%(in 2019) & 19.49%(in2020): Increased
c. TIE=Income taxes on continuing operations/Interest expense= 2.89(in2018), 3.094(in2019), 0.469(in2020): Declined
Explain how debt/Asset is declined?
How long term liability/Equity is increasing?
How is TIE declined?
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
