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Exercise 9-23 (Algo) Calculate and analyze ratios (LO9-8) Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Total assets Total

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Exercise 9-23 (Algo) Calculate and analyze ratios (LO9-8) Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Total assets Total liabilities 3,454,475 2,782,681 E-Travel $ 6,237,156 Total stockholders' equity Sales revenue $ 3,055,426 Interest expense 86,233 Income tax expense 158,400 Net income 303,526 Pricecheck $ 1,886,224 478,610 1,407,614 $ 2,438,212 26,084 49,168 493,472 Required: 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. 1-b. Which company has higher leverage risk? 2-a. Calculate the times interest earned ratio for E-Travel and Pricecheck. 2-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Req 1a Req 1b Req 2a Req 2b Calculate the debt to equity ratio for E-Travel and Pricecheck. (Round ratios to 2 decimal places.) E-Travel Pricecheck Debt to Equity Ratio Numerator/Denominator Amounts II 0 0

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