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Examine the following selected financial information for Great Buy Corporation and Simply Stores, Inc., as of the end of their fiscal years ending in 2018
Examine the following selected financial information for Great Buy Corporation and Simply Stores, Inc., as of the end of their fiscal years ending in 2018
- Data table Requirements (In millions) 1. Total assets. Simply Stores, Inc. $ 203,135 Great Buy Corporation $ 16,880 $ 3,082 $ 1,450 $ 71,460 2. Total common stockholders' equity ... 3. Operating income.. $ 26,120 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 expense. $ 93 $ 2,040 5. Leverage ratio. 6. Total debt .. 7. Debt ratia Print Done 8. Times interest earned Print Done Examine the following selected financial information for Great Buy Corporation and Simply 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) Great Buy Corporation 1. Total assets $ 16,880 $ 3,082 2. Total Stockholders' equity 3. Operating income Simply Stores, Inc. $ 203,135 $ 71,460 $ 26,120 $ 2,040 $ 1,450 4. Interest expense $ 93 5. Leverage ratio
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