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Hello! I only need help on questions 4-6. Thank you so much for the help! Use the following financial statements to calculate the leverage ratios
Hello! I only need help on questions 4-6. Thank you so much for the help!
Use the following financial statements to calculate the leverage ratios for Belfor Brothers 1. Calculate the debt to equity ratio for 2015 and 2016. Show your calculation work and put the answer in the table below. Answer: 2. Calculate the interest coverage ratio for 2015 and 2016 . Show your calculation work and put your answer in the table below. Answer: 3. Calculate the fixed payment coverage ratio for 2015 and 2016 . Show your calculation work and put your answer in the table below. 4. Using the Deht in Equity calculation above, discuss whether the trend is favorable or unfavorable to a banker and why? Answer: 5. Using the leverage ratio calculations above, discuss whether a lender is likely to view Belfor Brothers Remodeling more favorably at the end of 2015 or at the end of 2016. Explain your reasoning. Answer: 6. In your opinion, why is it important for business owners to calculate and track their leverage ratiosStep by Step Solution
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