1."Other things being equal, do both companies appear to have the ability to meet their obligations as measured by the debt to equity ratio?2.Based solely on the times interest earned ratios, do you reach the same conclusion as in Requirement 1?3.Is the margin of safety provided to creditors by Discount Goods improving or declining in recent years as measured by the average times interest earned ratio?" Please do not copy and paste some other solutions from here. DataTableau File Data Worksheet Dashboard Story Analysis Map Format Server Window Help← →AnalyticsFinancials (Discount_Go...SearchTablesAbc Company# YearAbc Measure NamesOY#(CF) Accounts Receiva...# (CF)-Cash & cash equiv...# (CF)-Cash & cash equiv...# Accounts payable# Accounts payable (CF)Accrued income taxes# Accrued income taxes (...#Accrued liabilities# Accrued liabilities (CF)# Accumulated other co...# Additional paid-in capitalAssets of discontinued...Average accounts recei...8 marks## Average fixed assets# Average total assets# Buildings and improve...# Capital lease liability# Cash and cash equivale...# Change in accounts rec...#Common stockComputer hardware an...# Construction-in-progress# Cost of sales# Credit card revenue#Data SourceCurrent liabilities of dis...< PagesFiltersYearMarks000 AutomaticColor000Detail●●OOO●000SizeLabelTooltipSUM(Provision ..SUM(Net inco..SUM(Provision ..000iii ColumnsRows1 row by 8 columns SUM of AGG(Times Interest Earned Ratio): 68.44Times Interest Earned Ratio1412Long-Term Solvency: Times Interest Earned RatioCompany / Year1012 154210.71CompanyAGG(Times Interest E..25#Tableau - DA12_LJ - Tableau license expires in 6 daysBig Store14.502018 2019Long-Term Solvency: Debt to Eq... Long-Term Solvency: Times Int... DO10.938 4GStandardYear12.69A T5.37wwwDiscount Goods2020 2021 2018 2019 2020 20214.96@.4.84tv4.42XP•W●KⒸ50%Mon 21:12:11123467830342620 2559971322-368=1 or moreⒸOFor stacked bars try1 or moreKⒸOShow MeMeasures▶➡1234 546368 3402620Dimensions}}H←53890NA← DataTableau File Data Worksheet Dashboard Story Analysis Map Format Server Window Help← →AnalyticsFinancials (Discount_Go...SearchTablesAbc Company# YearAbc Measure NamesOY#(CF) Accounts Receiva...# (CF)-Cash & cash equiv...# (CF)-Cash & cash equiv...# Accounts payable#Accounts payable (CF)Accrued income taxes# Accrued income taxes (...#Accrued liabilities# Accrued liabilities (CF)# Accumulated other co...# Additional paid-in capitalAssets of discontinued...Average accounts recei...8 marks## Average fixed assets# Average total assets# Buildings and improve...# Capital lease liability# Cash and cash equivale...# Change in accounts rec...#Common stockComputer hardware an...# Construction-in-progress# Cost of sales# Credit card revenue#Data SourceCurrent liabilities of dis...< PagesFiltersYearMarks000 AutomaticColor000DetailSize●LabelTooltipSUM(Total shar..●OOO SUM(Total shar..0001 row by 8 columns SUM of AGG(Debt to Equity Ratio): 12.9916iii ColumnsRows12Debt to Equity Ratio2.01.81.6Long-Term Solvency: Debt to Equity RatioCompany / Year1.41.21.00.80.60.40.20.0#Tableau - DA12_LJ - Tableau license expires in 6 daysM1.584125CompanyAGG(Debt to Equity R..Big Store1.4296Long-Term Solvency: Debt to E... Long-Term Solvency: Times Inter... DO2018 20191.490720208toStandardYear1.4119GAT1.8220wwwDiscount Goods1.90172021 2018 2019 2020@.1.6783tv1.67322021XP•WKⒸ50%Mon 21 12 16123467830342620 2559971 322-368=ⒸO1 or moreⒸOFor stacked bars try1 or moreShow MeIIIMeasures➡1234 546368 3402620 53890}}HDimensions←←10.0*5=@@@SOU• •*•*||| EDƏDƏqui:

Margin of safety to creditors decreases the margin available as earnings before interest and tax, in…

Answered: 1."Other things being equal, do both…

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter9: Accounting For Purchases And Cash Payments

Section9.5: Posting From A Cash Payments Journal

Problem 1OYO