Question Completion Status Consolidated SW Inc. Financials Income Statement 2016 2017 2016 2017 11,220 226 238 10,644 8,830 374 351 Balance Sheet Assets Cash and securities Accounts receivable Inventories Total current assets Net fixed assets 958 238 8,864 1,010 1,346 229 Net sales Cost of good sold Depreciation EBIT Interest expense Tax (20%) Net Income 856 850 806 46 45 2,550 2,662 260 163 3,468 1,040 648 158 454 612 Total assets 3,400 Liabilities and Owners' Equity Accounts payable 170 Short-term notes 408 Total current 578 liabilities Long-term debt 382 Common stock 512 Retained earnings 1,928 Total liabilities and 3,400 owners' equity 368 325 2,163 3,468 1.928 2,163 mon stock Retained earnings Total liabilities and owners' equity 3,400 3.468 Financial statements for SW Inc. are presented above. Calculate the most recent debt and cash-coverage ratios and, if the industry de their overall competition? SW inc has relatively less debt and a greater ability to cover its interest obligations SW inc has relatively more debt and a lower ability to cover its interest obligations. SW Inc has relatively more debt and a greater ability to cover its interest obligations. SW inc has relatively less debt and a lower ability to cover its interest obligations, SW Inc has the same level of debt and a lower ability to cover its interest obligations. 2 non stock ained earnings aliabilities and ers' equity 512 7,928 2,163 2.400 3.468 Calculate the most recent debt and cash-coverage ratios and, if the industry debt ratio is 0.25 and cash coverage ratio is 44.75. How does it compare with to cover les interest obligations cover its interest obligations o cover its interest obligations. wer its interest obligations cover its interest obligations