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Given the following information: For the year 2010 Industry Average for Restaurants DineEquity (DIN) Darden Restaurants (DRI) Nathans Famous (NATH) Current Ratio 1.1 1.32 0.54
Given the following information:
For the year 2010 | Industry Average for Restaurants | DineEquity (DIN) | Darden Restaurants (DRI) | Nathans Famous (NATH) |
Current Ratio | 1.1 | 1.32 | 0.54 | 6.12 |
Debt Ratio | 52% | 97% | 64% | 17% |
Debt-to-Equity Ratio* | 1.10 | 33.17 | 1.77 | 0.20 |
Which company(ies) relied more on than debt than equity to finance its assets?
A. DIN
B. DIN and DRI
C. DIN, DRI, and NATH
D. none of the companies
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