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Question
The financial statements for Limited Brands, Inc. follow (fiscal years ending January):
Use Limited Brands, Inc.'s financial statements, above, to answer the following question. Use the company's operating profit as an approximation of its EBIT, and assume a 40% tax rate for your calculations. For the fiscal years ending in January of 2006 and 2007, calculate:
a) Limited Brands' total liabilities-to-equity ratio;
b) Times interest earned ratio; and
c) Times burden covered.
Answer
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Related questions
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Q:
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