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Selected financial data for these two close competitors in the home bullding Industry are provided below. Total assets Total liabilities Total stockholders' equity 940,880 21,460
Selected financial data for these two close competitors in the home bullding Industry are provided below. Total assets Total liabilities Total stockholders' equity 940,880 21,460 19,420 $33,030 13,970 19.060 Sales Interest expense Tax expense Not income $66, 178 730 1,390 2,640 $ 47,240 370 1,040 1,730 1-a. Calculate the debt to equity ratlo for Company A and Company B. (Round your answers to 2 decimal pla Equity Ratio Company A Company B 1-b. Which company has the higher ratlo? o Company A O Company B 2.a. Calculate the times interest earned ratio for Company A and Company B. (Round your answers to 1 decimal place.) Company A Company B times Simes 2-b. Which company is better able to meet interest payments as they become due? o Company A Company B
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