Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in different countries. 2 (Click the icon to view the financial statements.) Requirement Compare three leading companies on their current ratio, debt ratio, and times-interest-earned ratio. Compute three ratios for Sobeys (the Canadian grocery chain), Sony (the Japanese electronics manufacturer), and Daimler (the German auto company). Based on your computed ratio values, which company looks the least risky? Begin by computing the ratios. Start by selecting the formula for the current ratio. Then, calculate the current ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the current ratios to two decimal places.) Current ratio Sobeys Sony Daimler Next, select the formula for the debt ratio. Then, calculate the debt ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the debt ratios to two decimal places.) Debt ratio Sobeys 1 Sony Daimler Financial statements (amounts in millions or billions) Sobeys Sony Daimler $ 13,753 8,357 152,489 2,076 336 195 39 33 917 201 130 3,231 Income data Total revenues Operating income Interest expense Net income Asset and liability data Total current assets. Long-term assets Total current liabilities Long-term liabilities Shareholders' equity $ 1,235 3,755 3,404 7,738 1,260 3,231 93, 101 97,791 60,007 95,910 34,975 694 4,224 2,685 4,038 Print Done Companies that operate in different industries may have very different financial ratio values. These differences may grow even wider when we compare companies located in different countries. 2 (Click the icon to view the financial statements.) Requirement Compare three leading companies on their current ratio, debt ratio, and times-interest-earned ratio. Compute three ratios for Sobeys (the Canadian grocery chain), Sony (the Japanese electronics manufacturer), and Daimler (the German auto company). Based on your computed ratio values, which company looks the least risky? Begin by computing the ratios. Start by selecting the formula for the current ratio. Then, calculate the current ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the current ratios to two decimal places.) Current ratio Sobeys Sony Daimler Next, select the formula for the debt ratio. Then, calculate the debt ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the debt ratios to two decimal places.) Debt ratio Sobeys 1 Sony Daimler Sony Daimler Next, select the formula for the times-interest-earned ratio. Then, calculate the times-interest-earned ratios for Sobeys, Sony, and Daimler. (Enter amounts in millions or billions as provided to you in the problem statement. Round the times-interest-earned ratios to two decimal places.) / Times-interest-earned ratio Sobeys / Sony / Daimler / Based on your computed ratio values, which company looks the least risky? O A. Sobeys B. Daimler O C. Sony OD. They all look fairly similar. Choose from any list or enter any number in the input fields and then continue to the next
