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Assume that AAPL, WM, TGT, and V compete in the same industry. Based only on the information above, the firm that has the highest credit
Assume that AAPL, WM, TGT, and V compete in the same industry. Based only on the information above, the firm that has the highest credit rating is
A.
AAPL
B.
WM
C.
TGT
D.
V
\begin{tabular}{lrrrr} \hline 5-Year Averages & AAPL & \multicolumn{1}{c}{ WM } & \multicolumn{1}{c}{ TGT } & \multicolumn{1}{r}{ V } \\ \hline Operating margin & 13.30% & 15.00% & 20.70% & 19.50% \\ Debt/EBITDA & 4.6x & 0.9x & 2.8x & 1.24 \\ EBIT/interest & 3.6x & 8.9x & 5.7x & 4.8x \\ FFO/debt & 12.50% & 14.60% & 11.50% & 12.70% \\ Debt/capital & 60.80% & 23.60% & 29.60% & 25.00% \end{tabular}Step by Step Solution
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