Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

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

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Finance questions