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Round to two decimal places You are analyzing the leverage of two firms and you note the following (all values in millions of dollars): Debt

Round to two decimal places
You are analyzing the leverage of two firms and you note the following (all values in millions of dollars): Debt Firm A 503.7 78.3 Book Equity 300.5 33.4 Market Equity 403.3 40.3 Operating Income 101.1 8.4 InterestExpense 51.7 7.4 Firm B a. What is the market debt-to-equity ratio of each firm? b. What is the book debt-to-equity ratio of each firm? c. What is the interest coverage ratio of each firm? d. Which firm will have more difficulty meeting its debt obligations

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