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Problem - The financial statements of Amazon Inc. and Wal-Mart Stores, Inc.

 

Amazon

Wal-Mart

Current ratio

1.12:1

0.97:1

Debt to assets ratio

80.3%

57.8%

Times interest earned

0.65 times

11.20 times

Based on the information contained in these financial statements, compute the current ratio for the most recent fiscal year for each company.

Based on the information contained in these financial statements, compute the following ratios for rach company's most recent fiscal year.

(i) Debt to assets ratio

(ii) Times interest earned

Attachment:- Assignment.rar

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92539547
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