Two online travel companies, Company A and Company B, provide the following selected financial data: Company A $ 6,237,156 3,454,475 2,782,681 $ 3,055,426 86,233 158,400 Company B $ 1,886,224 478,610 1,407,614 $ 2,438,212 26,084 49,168 303,526 493,472 Total assets Total liabilities Total stockholders' equity Sales revenue Interest expense Income tax expense Net income Calculate the times interest earned ratio for Company A and Company B. (Round ratios to 1 decimal place.) Times Interest Earned Ratio Numerator/Denominator Amounts

Two online travel companies, Company A and Company B, provide the following selected financial data: Company A $ 6,237,156 3,454,475 2,782,681 $ 3,055,426 86,233 158,400 Company B $ 1,886,224 478,610 1,407,614 $ 2,438,212 26,084 49,168 303,526 493,472 Total assets Total liabilities Total stockholders' equity Sales revenue Interest expense Income tax expense Net income Calculate the times interest earned ratio for Company A and Company B. (Round ratios to 1 decimal place.) Times Interest Earned Ratio Numerator/Denominator Amounts

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section17.4: Analyzing Financial Statements Using Financial Ratios

Problem 1WT

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