Question
Considering Amazon's Coverage ratios below, please provide a overview of the company's strengths and weaknesses (if any), reasons for the strength/weakness (if any), and reccomendations.
Considering Amazon's Coverage ratios below, please provide a overview of the company's strengths and weaknesses (if any), reasons for the strength/weakness (if any), and reccomendations.
2015
Times interest earned = EBIT / interest expense
2233 / (459+4235) / (1-0.35)) = 0.32 times
2016
Times interest earned = EBIT / interest expense
(4186 / (484+4361) / (1-0.35) = 0.58 times
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Management
Authors: Geoffrey Knott
4th Edition
1403903824, 9781403903822
