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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 ratio for E-Travel and Pricecheck.
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: 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. Calculate the debt to equity ratio for E-Travel and Pricecheck. (Round ratios to 2 decimal places.) Which company has higher leverage risk? Complete this question by entering your answers in the tabs below. Calculate the times interest earned ratio for E-Travel and Pricecheck. (Round ratios to 1 decimal place.) Complete this question by entering your answers in the tabs below. Which company is better able to meet interest payments as they become due? Which company is better able to meet interest payments as they become due
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