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Required Answer the following multiple choice questions: a. Which of the following ratios can be used as a guide to a firm's ability to carry

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Required Answer the following multiple choice questions: a. Which of the following ratios can be used as a guide to a firm's ability to carry debt from an income perspective? 1. Debt ratio 2. Debt to tangible net worth Debtequity 4. Times interest earned 5. Current ratio b. There is disagreement on all but which of the following items as to whether it should be considered a liability in the debt ratio? 1. Short-tem liabilities 2. Reserve accounts 3. Deferred taxes 4. Noncontrolling income (loss) 5. Preferred stock (continued)

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