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Carefully answers all parts please! P2-31 (similar to) You are analyzing the leverage of two firms and you note the following (all values in millions

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P2-31 (similar to) You are analyzing the leverage of two firms and you note the following (all values in millions of dollars) Debt Book Equity FirmA 500.8 Fimm B 303.4 35.9 Market Equity 3986 39.7 Operating Income 989 7.7 Interest Expense 48.4 6.9 79.8 a. What is the market debt-to-equity ratio of each firm? b. What is the book debt-to-equity ratio of each firm? c. What is the interest coverage ratio of each firm? d. Which firm will have more difficulty meeting its debt obligations? a. What is the market debt-to-equity ratio of each firm? The market debt-to-equity ratio for Firm As (Round to two decimal places)

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