Examine the following selected financial information for The Deal in Town Corporation and Sweet Stores,...
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Examine the following selected financial information for The Deal in Town Corporation and Sweet Stores, Inc., as of the end of their fiscal years ending in 2018: 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 of calculating ratios in this exercise (Round your answers to two decimal places XXX Enter amounts in milions as provided to you in the problem statement) The Deal in Town (In millions) Corporation Sweet Stores, Inc. 1 Total assets $ 16 830 $ 203.145 2 Total Stockholders equity 3,072 81,394 3 Operating Income $ 1.450 26,650 4. Interest expense 88 5 2060 5. Leverage ratio $ $ $ - X Data table The Deal in Town Corporation $ 16,830 $ 3.072 $ 1.450 $ 88 (In millions) 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 eamed. Sweet Stores, Inc. S 203.145 81,394 $ 26,650 $ 2,060 CA 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)
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