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Industry Averages: 7.2 times Times interest earned Debt ratio Debt/equity Debt to tangible net worth 56,6 72.7% a. Compute the following ratios for each company:
Industry Averages: 7.2 times Times interest earned Debt ratio Debt/equity Debt to tangible net worth 56,6 72.7% a. Compute the following ratios for each company: 1. Times interest earned 2. Debt ratio 3. Debt/equity ratio 4. Debt to tangible net worth b. Is Barker Company in a position to take on additional long-term debt? Explain. Which company has the better long-term debt position? Explain. aura Sibson Corporation are shown te of Industry Averages: 7.2 times Times interest earned Debt ratio Debt/equity Debt to tangible net worth 56,6 72.7% a. Compute the following ratios for each company: 1. Times interest earned 2. Debt ratio 3. Debt/equity ratio 4. Debt to tangible net worth b. Is Barker Company in a position to take on additional long-term debt? Explain. Which company has the better long-term debt position? Explain. aura Sibson Corporation are shown te of
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