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The Deal in Town Corporation Sweet Stores, Inc. (In millions) 6. Total debt The Deal in Town Corporation Sweet Stores, Inc. (In millions) 7.
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The Deal in Town Corporation Sweet Stores, Inc. (In millions) 6. Total debt The Deal in Town Corporation Sweet Stores, Inc. (In millions) 7. Debt ratio The Deal in Town Corporation Sweet Stores, Inc. (In millions) 8. Times interest earned 2. Evaluate each company's long-term debt-paying ability (strong, medium, weak). The Deal in Town Corporation has leverage ratio and debt ratio, and times-interest-earned, than Sweet Stores. The Deal in Town Corporation's long-term debt-paying ability is Sweet's. Examine the following selected financial information for The Deal in Town Corporation and Sweet Stores, Inc., as of the end of their fiscal years ending in 2021: (Click the icon to view the financial information.) Read the requirements. 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this exercise. (Round your answers to two decimal places, X.XX. Enter amounts in millions as provided to you in the problem statement.) The Deal in Town Corporation Sweet Stores, Inc. (In millions) 1. Total assets $ 203,110 15,256 $ 3,085 $ 2. Total Stockholders' equity $ 71,630 3. Operating income $ 1,550 $ 27,147 4. Interest expense $ 88 $ 2,024 5. Leverage ratioStep by Step Solution
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