Compute the times interest earned for the years ended

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Question - Consecutive five-year balance sheets and income statements of Laura Gibson Corporation are shown ** Compute 2009 only**

Required

a. Compute the following for the years ended December 31, 2005-2009:

1. Times interest earned

2. Fixed charge coverage

3. Debt ratio

4. Debt/equity ratio

5. Debt to tangible net worth

b. Comment on the debt position and the trends indicated in the long-term debt-paying ability.

Attachment:- Balance sheets and Income statements.rar

Reference no: EM131812613

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