Stockbridge Debt management ratios
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1. Stockbridge Industries has a total asset turnover ratio of 4.1x and net annual sales of $49.2 million. If Stockbridge has $6 million of total debt on its balance sheet, what is the firm's debt ratio?
2. Stockbridge pays 10% annual interest on its outstanding debt. If the firm's total operating costs (including depreciation and amortizatin) equal $37 million, what is the firm's times-interest-earned (TIE) ratio?
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Debt management ratios
1. Stockbridge Industries has a total asset turnover ratio of 4.1 and net annual sales of $49.2 million. If Stockbridge has $6 million of total debt on its balance ...
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