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a. From the balance sheet find the most recent two years total debt and total equity. Compute total debt to total capital ratio (in percentage).

a. From the balance sheet find the most recent two years total debt and total equity. Compute total debt to total capital ratio (in percentage). What percentage of its operations is financed by debt? Draw a pie chart in excel for both years separately and show the equity and debt percentages in total capital. Comment on the companys capital structure. Compute it also for the previous year and then compare. Did the company use more debt this year or less compared to the previous year? Discuss.

Answer this question about IBM(International Business Machine)

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