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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Total assets Total liabilities Pricecheck $ 2,094,224 486,610 1,607,614 E-Travel $7,437,156

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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: Total assets Total liabilities Pricecheck $ 2,094,224 486,610 1,607,614 E-Travel $7,437,156 4,254,475 Total stockholders' equity 3,182,681 Sales revenue $ 3,455,426 $ 2,838,212 Interest expense. 94,233 34,084 Income tax expense 174,400 57,168 Net income 319,526 509,472 Required: 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. 1-b. Which company has higher leverage risk? 2-a. Calculate the times interest earned ratio for E-Travel and Pricecheck. 2-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. Req la Req 1b Req 28 Req 26 Calculate the debt to equity ratio for E-Travel and Pricecheck. (Round ratios to 2 decimal places.) Debt to Equity Ratio Numerator/Denominator Amounts Total liabilities $ E-Travel Total stockholders' equity $ 4,254,475 3,182,681 1.34 Pricecheck Req 1b >

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