Liabilities

Using the Annual Report of your selected company, answer the following questions in the Discussion:

• What is the breakdown of the company's current liabilities at year end?
• Calculate the company's times-interest-earned ratio for the year-end. What does this tell you about the company?
• How much was the company's long-term debt at year end?
• Compute the company's debt to equity ratio at year-end. How does it compare to the industry? What does this tell you about the company?