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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: $ in thousands) E-Travel Pricecheck Total assets $5,487, 156 $1,756,224 Total liabilities
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: $ in thousands) E-Travel Pricecheck Total assets $5,487, 156 $1,756,224 Total liabilities 2,954,475 473,618 Total stockholders' equity 2,532,681 1,282,614 Sales revenue $2,805,426 $2,188,212 Interest expense 81,233 21, 084 Tax expense 148,400 44,168 Net income 293,526 483,472 Required: 1-a. 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 ces E-Travel Debt to Equity Ratio Pricecheck
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