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