Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compute the debt ratio for each company listed below. The debt ratio reveals the proportion of assets financed with debt. Debt ratio = Total liabilities

Compute the debt ratio for each company listed below. The debt ratio reveals the proportion of assets financed with debt. Debt ratio = Total liabilities / Total assets

($ in millions)

Year Ended

Total Assets

Total Liabilities

Debt Ratio

Pepsi

1/31/2011

$ 3736

$ 1558

????? %

Coca Cola

1/31/2011

$ 180 663

$ 112 121

%

Fanta

12/31/2010

$ 164 687

$ 165 360

%

What is debt ratio of Pepsi in % ? Please 2 number after comma.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Valuation Measuring and managing the values of companies

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

5th edition

978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470

More Books

Students also viewed these Finance questions

Question

Write a short "employee Code of Conduct".

Answered: 1 week ago

Question

What is a make-or-buy decision?

Answered: 1 week ago