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Eterven Plumbing Products Lid, reported the following data in 2020 (n milions): (Cliek the icon to viow the finaneial statements.) Compute Sieven's leverage ratio, debt

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Eterven Plumbing Products Lid, reported the following data in 2020 (n milions): (Cliek the icon to viow the finaneial statements.) Compute Sieven's leverage ratio, debt ratio, and times-therest-eamed rato, and wethe a sertence to explin what those rato values mean. Wosid you be wiling ta lend Sieven $1 mition? State you reason reason. Finst, compute Steven's leverage ratio. Detesmine the formule for the leverage ratio. Then, complite the formula and calculate the leverage raso. (Enter all amounts in militons. Round your answer to two decimal places. .. This meaniterat Steventas 3 of Now, determine the formula for the debt ratio. Then, complete the formua and calculate the debt tato. (Enter all amounts in millions. Reund your answer to two decimal places, x. x.) This means that Sleven has 1 in Determine the formula for the times-itteresteoned ratio. Thes, completo the formula and caloulate the cebt tatio. (Einter all amounts in millions. Round your answar to two decimal places, This moans thai Would you be willing to lend 5 teven $1 malion? $ stele your reaton. answer to two decimal places, X,X. =Levorageratio= This means that Steven has \& of =Dobtratio= This means that Steven has 5 in X.x.) This maus tay Would you be wiling to lend Staven $1 mitice? 3 tute your reasch. Lheverin debt ralid is and the comparyy its existing interest axpenta. be witing to lenst steven 51 inition. d. reported the following data in 2020 (in millions): the financial statements.) Financial statements for th he time iter all and the company its existing interest expense. be willing to

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