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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data Total assets Total liabilities $5,637,156 3,054,475 $1,783,224 Total stockholders' equity Sales
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data Total assets Total liabilities $5,637,156 3,054,475 $1,783,224 Total stockholders' equity Sales revenue $2,855,426 1,307,614 $2,238,212 Interest expense Income tax expense Net income 150,400 295,526 485,472 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 10 Req1b Req 2 2 Calculate the debt to equity ratio for E-Travel and Pricecheck. (Round ratios to 2 decimal places.) E-Travel Pricecheck- Debt to Equity Ratio NumeratoriDenominator Amounts Req 1b>
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