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Please review the data provided and comment on the company based on your knowledge of bonds and bonds ratings. BCE, Inc. provides wire line and
Please review the data provided and comment on the company based on your knowledge of bonds and bonds ratings.
BCE, Inc. provides wire line and wireless communications services, Internet access, data services, and video services in Canada. BCE has a bond rating of A. Agrium, Inc. (AGU Inc.) produces and markets agricultural nutrients, industrial products, and specialty products worldwide. The company has a bond rating of BBB. In addition, the following financial ratios are provided for each company: EBIT BCE: Times interest earned interest payment BCE: Debt/Equity = 149% EBIT AGU: Times interest earned interest payment = 17.58 AGU: Debt/Equity= 53% BCE, Inc. provides wire line and wireless communications services, Internet access, data services, and video services in Canada. BCE has a bond rating of A. Agrium, Inc. (AGU Inc.) produces and markets agricultural nutrients, industrial products, and specialty products worldwide. The company has a bond rating of BBB. In addition, the following financial ratios are provided for each company: EBIT BCE: Times interest earned interest payment BCE: Debt/Equity = 149% EBIT AGU: Times interest earned interest payment = 17.58 AGU: Debt/Equity= 53%Step by Step Solution
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