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Selected financial data for two competitors in the construction supply industry are provided as follows: Required: 1-a. Calculate the debt to equity ratio for Company

image text in transcribed Selected financial data for two competitors in the construction supply industry are provided as follows: Required: 1-a. Calculate the debt to equity ratio for Company A and Company B for the most recent year. 1-b. Which company has the higher ratio? 2-a. Calculate the return on assets for Company A and Company B for the most recent year. 2-b. Which company appears more profitable? 3-a. Calculate the times interest earned ratio for Company A and Company B for the most recent year. 3-b. Which company is better able to meet interest payments as they become due? Complete this question by entering your answers in the tabs below. Calculate the debt to equity ratio for Company A and Company B for the most recent year. (Enter your answers in millions (i.e., $5,500,000 should be entered as 5.5).) Which company has the higher ratio? Which company has the higher ratio? Calculate the return on assets for Company A and Company B for the most recent year. (Enter your answers in millions (i.e., $5,500,000 should be entered as 5.5), rounded to 1 decimal place.) Which company appears more profitable? Which company appears more profitable? Calculate the times interest earned ratio for Company A and Company B for the most recent year. (Enter your answers in millions (i.e., $5,500,000 should be entered as 5.5).) Which company is better able to meet interest payments as they become due? Which company is better able to meet interest payments as they become due

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