Answered step by step
Verified Expert Solution
Question
1 Approved Answer
dollar tree grocery outlet Long-Term Solvency and Liquidity 2021 2022 2021 2022 Liabilities to Assets 0.69 0.67 0.68 0.66 Liabilities to Equity 2.23 1.57 2.14
dollar tree grocery outlet
Long-Term Solvency and Liquidity | 2021 | 2022 | 2021 | 2022 | ||||
Liabilities to Assets | 0.69 | 0.67 | 0.68 | 0.66 | ||||
Liabilities to Equity | 2.23 | 1.57 | 2.14 | 1.96 | ||||
Long-term Debt to Shareholder's Equity | 0.56 | 0.39 | 0.61 | 0.47 | ||||
Interest Coverage | 15.17 | 14.75 | 4.05 | 2.55 | ||||
compare the ratios of both companies and tell which company is more or less liquid or solvent and why?
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