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P 7-6 Mr. Parks has asked you to advise him on the long-term debt-paying ability of Arodex Company. He provides you with the following ratios:

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P 7-6 Mr. Parks has asked you to advise him on the long-term debt-paying ability of Arodex Company. He provides you with the following ratios: Times interest earned Debt ratio Debt to tangible net worth 20112010 6.0 40% 39% 80% 81% 2009 s.5 40% 81% 8.2 (continued)

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