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Selected financial data for Bahama Bay and Caribbean Key are as follows: Required: 1 - a . Calculate the debt to equity ratio for Bahama
Selected financial data for Bahama Bay and Caribbean Key are as follows:
Required:
a Calculate the debt to equity ratio for Bahama Bay and Caribbean Key for the most recent year.
b Which company has the higher ratio?
a Calculate the return on assets for Bahama Bay and Caribbean Key for the most recent year.
b Which company appears more profitable?
a Calculate the times interest earned ratio for Bahama Bay and Caribbean Key for the most recent year.
b Which company is better able to meet interest payments as they become due?
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