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Two online travel companies. E Travel and Pricecheck, provide the following selected financial data: ($ in thousands) Total assets Total liabilities Total stockholders' equity E-Travel
Two online travel companies. E Travel and Pricecheck, provide the following selected financial data: ($ in thousands) Total assets Total liabilities Total stockholders' equity E-Travel $5,337, 156 2,854,475 2,482,681 Pricecheck $1,730,224 472,610 1,257,614 Sales revenue Interest expense Tax expense Net Income $2,755,426 80,233 146,000 291,526 $2,138,212 28,034 43,168 481, 472 Required: 1-6. Calculate the debt to equity ratio for E-Travel and Pricecheck. (Enter dollar answers in thousands of dollars and round ratios to 2 decimal places.) Debt to Equity Ratio E Travel Debt to Equity Ratio PriceCheck 1-b. Which company has the higher ratio? E-Travel O Pricecheck 2-o. Calculate the times interest earned ratio for E-Travel and Pricecheck. (Enter dollar answers in thousands of dollars and round ratios to 1 decimal place.) Times Interest Earned Ratio E-Travel Times Interest Eamed Ratio Pricecheck 2-b. Which company is better able to meet interest payments as they become due? O E-Travel Pricecheck
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