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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 Sales
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) Total assets Total liabilities Total stockholders' equity Sales revenue Interest expense Tax expense Net income E-Travel Pricecheck $ 6,987,156 $2,016,224 3,954,475 483,610 3,032,681 1,532,614 $3,305,426 $2,688,212 91,233 168,400 31,084 54,168 313,526 503,472 Required: 1-a. Calculate the debt to equity ratio for E-Travel and Pricecheck. (Enter dollar answers using amounts given in thousands of dollars and round ratios to 2 decimal places.) Debt to Equity Ratio Total liabilities Stockholders' equity E-Travel 1.30 $ 3,954,475 3,032,681 Debt to Equity Ratio Total liabilities Stockholders' equity Pricecheck 0.32 $ 483,610 $ 1,532,614
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