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Examine the following selected financial information for Best Value Corporation and Chicago Stores, Inc., as of the end of their fiscal years ending in 2018:
Examine the following selected financial information for Best Value Corporation and Chicago Stores, Inc., as of the end of their fiscal years ending in 2018: (Click the icon to view the financial information.) Read the requirements. 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this exercise. (Round your answers to two decimal places, X.XX. Enter amounts in millions as provided to you in the problem statement.) (In millions) Best Value Corporation Chicago Stores, Inc. 1. Total assets $ 16,790 203,706 2. Total Stockholders' equity $ 3,068 $ 72,100 25,650 3. Operating income 1,600 $ 4. Interest expense 88 $ 2,020 5. Leverage ratio Examine the following selected financial information for Best Value Corporation and Chicago Stores, Inc., as of the end of their fiscal years ending in 2018: X R i - Data Table 1 bf a P (In millions) Best Value Corporation Chicago Stores, Inc. 1. Total assets 16,790 203,706 $ 3,068 72,100 2. Total common stockholders' equity 3. Operating income 1,600 25,650 4. Interest expense 88 2,020 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned Print Done Examine the following selected financial information for Best Value Corporation and Chicago Stores, Inc., as of the end of their fiscal years ending in 2018: (Click the icon to view the financial information.) Read the requirements. 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages w lecimal places, X.X i X Requirements (In millions 1. Total ad 2. Total St 3. Operati 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak). 4. Interest 5. Leverage Print Done
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