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Other Fields Homework Help Accounting Topic started by: Harrison on Nov 10, 2017



Title: Given the following information calculate each organizations times-interest-earned ratio and debt ...
Post by: Harrison on Nov 10, 2017
Given the following information calculate each organizations times-interest-earned ratio and debt ratio. Which organization is in the stronger position?
   Newer   Older
Net Income   $95,000   $95,000
Interest Expense   $45,000   $53,000
Total Assets   $950,000   $635,000
Total Liabilities   $699,000   $547,000
Operating Income   $235,000   $255,000


Title: Re: Given the following information calculate each organizations times-interest-earned ratio and ...
Post by: TheSin on Nov 10, 2017
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