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1b: Using the ratios below, appraise the trend (2007-09) of Flash's leverage. Fill out the table and write your brief analysis below. 2007 2008 2009
| 1b: Using the ratios below, appraise the trend (2007-09) of Flash's leverage. Fill out the table and write your brief analysis below. | |||||
| 2007 | 2008 | 2009 | TREND | ||
| Long-term debt to total capital | 0.0% | 0.0% | 0.0% | ||
| Long-term debt to equity | 0.0% | 0.0% | 0.0% | ||
| Times interest earned | 8.9 | 1.4 | 6.7 | -24.7% | |
| Full burden coverage | 0.9 | 0.6 | 0.8 | -11.1% | |
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AQA AS Accounting Unit 2 Financial And Management Accounting
Authors: Brendan Casey
1st Edition
1500684260?, 978-1500684266
