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Exarrine the following selected financial information for The Deal in Town Corporation and Simply Stores, Inc., as of the end of their fiscal years ending
Exarrine the following selected financial information for The Deal in Town 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.) The Deal in Town (In millions) Corporation Simply Stores, Inc. i Data Table 1. Total assets 9 15,256 $ 203. 115 2. Total Stockholders' equity..... $ 4,995 $ 81,394 3. Operating income $ 1,650 $ 26,120 The Deal In Town 4. Interest expense $ 90 $ 2,010 (In millions) Corporation Simply Stores, Inc. 5. Leverage ratio 1. Total assets S S 15,256 $ 203, 115 2. Total common stockholders' equity ..... S 4,995 $ 81,394 3. Operating income S 1,650 $ 26, 120 4. Interest expense S S 90 $ i Requirements 2,010 5. Leverage ratio 6. Total debt 1. Complete the table, calculating all the requested information for the two 7. Debt ratio companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 8. Times Interest earned 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak) Print Done Print Done
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