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Question 13 Not yet answered Marked out of 2 Fag question Two competitor companies, Pan...

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Question 13 Not yet answered Marked out of 2 Fag question Two competitor companies, Pan Ltd and Puck Ltd, have the following ratios at 31 December 2019 Which of the following statements is true? Pan Puck Debt Equity 145% 25% Interest Coverage 2 times 18 times Select one! O a Puck's capital structure is less risky than Parksbut it can cover its interest obligations more easily O b. Puck's capital structure is more risky than Pan's and it is less able to cover its interest obligations O Pan's capital structure is less risky than Puck's and it is less able to cover its interest obligations ed Pan's capital structure is less nisly than Puck's but it can cover its interest obligations more easily

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