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Assume that H&D Company has the following data; Total debt is 235 Total assets is 430 Operating profit 75 Interest Expense 15 Net income 42

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Assume that H&D Company has the following data; Total debt is 235 Total assets is 430 Operating profit 75 Interest Expense 15 Net income 42 Common Equity 203 Industry average of Debt Ratio 35%, Time Interest Earned Ratio 7 times, ROE 18% Calculate the Leverage Ratios as well as Return on Equity and evaluate the risk & return of the company

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