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  3. the following information is available from the 20

The following information is available from the 2024 financial statements of Bramble Inc. and Cullumber...

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Accounting

The following information is available from the 2024 financial statements of Bramble Inc. and Cullumber Ltd.:

(in millions)
Bramble Inc. Cullumber Ltd.
Income tax expense $860 $1,270
Interest expense 730 1,670
Net income 1,155 1,450
Total assets 25,000 37,775
Total current liabilities 6,220 14,359
Total liabilities 16,980 32,316

(a) Based on the information given, calculate the following ratios for each company: (Round answers to 1 decimal place, e.g. 2.2.)

image (a) Based on the information given, calculate the following ratios for each company: (Round answers to 1 decimal place, e.g. 2.2.)

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