Question
What is the breakdown of the company's current liabilities at year end? 2. Calculate the company's times-interest-earned ratio for the year end. What does this
- What is the breakdown of the company's current liabilities at year end?
2. Calculate the company's times-interest-earned ratio for the year end. What does this tell you about the company?
3. How much was the company's long-term debt at year end?
4. Compute the company's debt to equity ratio at year end. How does it compare to the industry? What does this tell you about the company?
The company's annual report can be found at: http://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_GCO_2016.pdf
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Fundamental Accounting Principles Volume 1
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
15th Canadian Edition
1259259803, 978-1259259807
