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Two online travel companies, E - Travel and Pricecheck, provide the following selected financial data: Required: 1 - a . Calculate the debt to equity
Two online travel companies, ETravel and Pricecheck, provide the following selected financial data:
Required:
a Calculate the debt to equity ratio for ETravel and Pricecheck.
b Which company has higher leverage risk?
a Calculate the times interest earned ratio for ETravel and Pricecheck.
b Which company is better able to meet interest payments as they become due?
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Req a
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Req
Req
Calculate the debt to equity ratio for ETravel and Pricecheck. Round ratios to decimal places.
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