data tablesattached in ss below along with questionthanks for hlephrlwphrwphwrphwplrhw 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 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 ofcalculating ratios in this exercise. (Round your answers to two decimal 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$$$$The DealCorporationCSimple Stores, Inc.(In millions)16,870 $3,080 $1,400 $87 $203,13071,31026,9302,050 Requirements1. Complete the table, calculating all the requested information for the twocompanies. Use year-end figures in place of averages where needed for thepurpose of calculating the ratios in this exercise.2. Evaluate each company's long-term debt-paying ability (strong,medium, weak).Question 6PrintDone5. Leverage ratio-XData table1.Total assets2. Total common stockholders' equity3. Operating income4. Interest expense5. Leverage ratio6.Total debt7. Debt ratio8. Times interest earnedThe DealCorporation$$$$Simple Stores,Inc.(In millions)16,870 $3,080 $1,400 $87 $203,13071,31026,9302,050:SE

Leverage ratio :— It is calculated by dividing total debt by total equity. Debt :— It is…

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). Question 6 Print Done 5. Leverage ratio - X 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 The Deal Corporation $ $ $ $ Simple Stores, Inc. (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 : SE

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). Question 6 Print Done 5. Leverage ratio - X 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 The Deal Corporation $ $ $ $ Simple Stores, Inc. (In millions) 16,870 $ 3,080 $ 1,400 $ 87 $ 203,130 71,310 26,930 2,050 : SE

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section17.4: Analyzing Financial Statements Using Financial Ratios

Problem 1WT

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