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please answer all parts ! 3-20 (similar to) ne rela anufa Data Table ms' fir Calcu ation Debt Time Calcu Ope (Click on the icon

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3-20 (similar to) ne rela anufa Data Table ms' fir Calcu ation Debt Time Calcu Ope (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Timberland Forest, Inc. $9,200,000 Pelican Paper, Inc. $9,200,000 Item Net Total assets Retu Retu Total equity (all common) 8,500,000 4,600,000 Total debt 700,000 4,600,000 70,000 Annual interest 460,000 The d Total sales 27,000,000 27,000,000 EBIT 6,750,000 6,750,000 Earnings available for common stockholders 3,985,200 3,726,000 Print Done er yo manuraciure or crat pupers. SOme inanCiai StatemUIL vaIues IOr each company TOIOW firms' financial leverage and profitability. a. Calculate the following debt and coverage ratios for the two companies. Discuss their financial risk and ability to cover the costs in relation to each other. (1) Debt ratio (2) Times interest earned ratio b. Calculate the following profitability ratios for the two companies. Discuss their profitability relative to each other. (1) Operating profit margin (2) Net profit margin (3) Return on total assets (4) Return on common equity c. In what way has the larger debt of Timberland Forest made it more profitable than Pelican Paper? What are the risks that Timberland's investors undertake when they choose to purchase its stock instead of Pelican's

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