Eexamine the followingattached in ss beelowthanks for helpl4py2y25yp2y2 e the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2021:ck the icon to view the financial information.)e requirements.plefplaalaleraerewerRequirements1. Complete the table, calculating all the requested information for the twocompanies. Use year-end figures in place of averages where needed for thepurpose of calculating the ratios in this exercise.2. Evaluate each company's long-term debt-paying ability (strong.medium, weak).PrintDoneData table1. Total assets2.Total common stockholders' equity3. Operating income4. Interest expense5.Leverage ratio6.Total debt7.Debt ratio8. Times interest earnedPrintThe DealCorporation$S$SDoneSimple Stores,Inc.(In millions)16,870 $3,080 $1,400 $87 $203,13071,31026,9302,050- Xvers Examine the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2021:(Click the icon to view the financial information.)Read the requirements1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this exercise. (Round your answers to twodecimal places, X.XX. Enter amounts in millions as provided to you in the problem statement.)1. Total assets2. Total Stockholders' equity3. Operating income4. Interest expense5. Leverage ratio$$$$The DealCorporationSimple Stores, Inc.(In millions)16,870 $3,080 $1,400 $87 $203,13071,31026,9302,050

The debt ratio is the comparison of total assets and debts. A company that is financed heavily by…

the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2021: k the icon to view the financial information.) requirements. -lef pla al : al era re er Requirements 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong. medium, weak). Print Done Data table 1. Total assets 2. Total common stockholders' equity 3. Operating income 4. Interest expense 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned Drink The Deal Simple Stores, Corporation Inc. $ $ $ $ (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 I

the following selected financial information for The Deal Corporation and Simple Stores, Inc., as of the end of their fiscal years ending in 2021: k the icon to view the financial information.) requirements. -lef pla al : al era re er Requirements 1. Complete the table, calculating all the requested information for the two companies. Use year-end figures in place of averages where needed for the purpose of calculating the ratios in this exercise. 2. Evaluate each company's long-term debt-paying ability (strong. medium, weak). Print Done Data table 1. Total assets 2. Total common stockholders' equity 3. Operating income 4. Interest expense 5. Leverage ratio 6. Total debt 7. Debt ratio 8. Times interest earned Drink The Deal Simple Stores, Corporation Inc. $ $ $ $ (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 I

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 92PSB

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