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For Bazza enterprises, what was the Debt/EBITDA for 2016, 2017 and 2018? a) 3.6X, 4.5X, 2.2X b) 3.5X, 4.1X, 2.1X c) 3.5X, 4.4X, 2.2X Based

For Bazza enterprises, what was the Debt/EBITDA for 2016, 2017 and 2018?

a) 3.6X, 4.5X, 2.2X

b) 3.5X, 4.1X, 2.1X

c) 3.5X, 4.4X, 2.2X

Based on the answer to the question above what are the numbers showing us?

a) Bazza Enterprises has seen large declines in its use of debt resulting in an improvement in the Debt/EBITDA ratio?

b) Although the ratio peaked in 2017, Bazza Enterprises while still increasing its level of debt in 2018 (versus 2017) has increased its earnings at a higher rate, reducing the ratio dramatically? c) Bazza Enterprises has seen continued growth in its Debt/EBITDA ratio resulting in the company becoming more highly leveraged?

Using the information from the chart above, and the new chart below,

2016 2017 2018

Cash 250.0 350.7 620.5

Accounts Payable 137.5 178.9 249.3

Current maturities of long-term debt 44.0 542.4 627.4

Long Term Debt 9,711.5 8,821.2 9,631.4

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