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Air Canada (page 4) WestJet (page 5) Total debt $14,319,000,000 $4,287,316,000.00 Total equity 17,698,000,000 $2,212,524,000.00 Ratio 0.81 1.94 Adjusted debt $9,920,000,000 $3,293,312,000 Adjusted equity 2,214,426,000
| Air Canada (page 4) | WestJet (page 5) | ||
| Total debt | $14,319,000,000 | $4,287,316,000.00 | |
| Total equity | 17,698,000,000 | $2,212,524,000.00 | |
| Ratio | 0.81 | 1.94 |
| Adjusted debt | $9,920,000,000 | $3,293,312,000 | |
| Adjusted equity | 2,214,426,000 | ||
| Ratio | 1.49 |
| Briefly comment on the results of the adjusted ratios relative to the debt to equity ratio |
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College Accounting Chapters 1-30
Authors: David Haddock, John Price, Michael Farina
16th Edition
1260247902, 978-1260247909
