2 & 3

1. What is Tyson's Financial Leverage Ratio for 2018? Financial Leverage = Avg Total Assets/ Avg. Stockholders' Equity (see page 691 of text) Total assets from 2018(29,109)+ Total assets from 2017(28,066)= 57175/2=28587.50 Total shareholders' equity from 2018 (12,811) + Total shareholders from 2017(10559)=23370/2=11685 28,066/11685=2.4 2. What does this ratio tell us about the amount of debt that is used by the company? 3. Make an assessment of the company's ability to meet its long-term obligations using a couple of tests of solvency