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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 E-Travel Pricecheck
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) Total assets Total liabilities Total stockholders' equity E-Travel Pricecheck $ 5787156 $1,808,224 3,154,475 475,610 2,632,681 1,332,614 Sales revenue Interest expense Tax expense Net income $2.905,426 $2,288,212 83,233 23.084 152,400 46,168 297,526 487,472 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 E-Travel Debt to Equity Ratio Pricecheck 1-b. Which company has the higher ratio? O E-Travel O Pricecheck 2.a. Calculate the times interest earned ratio for E-Travel and Pricecheck. (Enter dollar answers using amounts given in thousands of dollars and round ratios to 1 decimal place.) Times Interest Earned Ratio E-Travel Times Interest Earned Ratio Debt to Equity Ratio E-Travel Debt to Equity Ratio Pricecheck 1-6. Which company has the higher ratio? O E-Travel PriceCheck 2-a. Calculate the times interest earned ratio for E-Travel and Pricecheck. (Enter dollar answers using amounts given in thousands of dollars and round ratios to 1 decimal place.) Times Interest Earned Ratio E-Travel Times Interest Earned Ratio Pricecheck 2-b. Which company is better able to meet interest payments as they become due? O E-Travel O Pricecheck
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