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c Examine the following selected financial information for Best Value Corporation and Sweet Stores, Inc., as of the end of their fiscal years ending in
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Examine the following selected financial information for Best Value Corporation and Sweet Stores, Inc., as of the end of their fiscal years ending in 2018: E (Click the icon to view the financial information.) Read the requirements. 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this exercise. (Round your answers to two decimal places, X.XX. Enter amounts in millions as provided to you in the problem statement.) (In millions) Best Value Corporation Sweet Stores, Inc. 1. Total assets $ 16,840 $ 203, 110 2. Total Stockholders' equity $ 3,090 $ 3. Operating income 72,630 26.740 $ $ 1,470 4. Interest expense $ 90 $ 2,054 5. Leverage ratio (In millions) Best Value Corporation $ 16,840 Sweet Stores, Inc. $ 203, 110 1. Total assets ... Total common stockholders' 2. equity 3. Operating income. $ ... 3,090 $ 72,630 $ 1,470 $ 26,740 4. Interest expense. $ 90 $ 2,054 5. Leverage.ratia. 6. Total debt. 7. Debt.ratia 8. Times interest earned.. Requirements 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak) Step by Step Solution
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