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Problem 2) (20 points) Using just the information provided below for Alpha Company, please comment on this company from a long-term debt-paying ability perspective. What

Problem 2) (20 points) Using just the information provided below for Alpha Company, please comment on this company from a long-term debt-paying ability perspective. What do you see that you like, if anything, and what are your concerns about this company's abilities to pay its debts on an on-going basis.
2016 2015 2014 2013 2012 Ind. Average
Debt Ratio (Book-based) 72% 69% 66% 60% 58% 64%
TIE 6.9 7.0 7.0 7.1 7.2 7.0
Bond Rating (S&P) BBB BBB+ BBB+ BBB+ AA- NA

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