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each company follow Use them in a ratio analysis that compares the firms' financial leverage and profitability. a . Calculate the following debt and coverage
each company follow Use them in a ratio analysis that compares the firms' financial leverage and profitability.
a Calculate the following debt and coverage ratios for the two companies. Discuss their financial risk and ability to cover the costs in relation to each other.
Debt ratio
Times interest earned ratio
b Calculate the following profitability ratios for the two companies. Discuss their profitability relative to each other.
Operating profit margin
Net profit margin
Return on total assets
Return on common equity instead of Pelican's?
Data table
Click the icon here in order to copy the contents of the data table below into a spreadsheet.
tableItemPelican Paper, Inc.,Timberland Forest, Inc.Total assets,$$
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