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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements

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Assigning a Long-Term Debt Rating Using Financial Ratios Refer to the information below from Stryker's 2018 financial statements. Use the information to answer the requirements (5 millions), Revenue $13.601 interest expense, gross 1111 Depreciation expense 306 Dividends, including to noncontrolling interest 717 Amortation expense 417 Cash and cash equivalents 2616 Operating profit 2537 Martabil securities 83 Total de 9,859 Average assets 34713 Cast from operating cities 2610 CAPEX 592 Funds from operations 2013 a. Compute the following 10 Moody's metres for Stryker for 2018 Round all answers fexcept Revenue) to one decimal place example for percentage ratios 0.2345 23.5%) Ratio Deb/BITDA EB on esteente 163 Renmins 5 13,601 Reed Cathrow Debt 347 21. Open mapa 787 FORD Fontpensere CUITA 10 12 CAR EBITA margin Operating margin FFO/ Debt (FFO Interest Expense interest Expense EBITA to average assets CAPEX / Depreciation expense 21.7% 18.7 28.9% 16.8 12 1.9 b. Use your computations from part a, along with measures in Exhibit 4.8, to estimate the long-term debt rating for Stryker, Based on the above computations, the rating for Stryker's long-term debt would fall in the the stange X

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