(Solution) - Dow Jones Co Inc and New York Times Co -(2025 Original AI-Free Solution)
Paper Details
Dow Jones & Co., Inc., and New York Times Co. are major publishers of financial and general news and information. Condensed financial information for both companies for a recent year is as follows: Recent year income statement information:
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Recent year balance sheet information:
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a. Determine the following ratios for each company (round to two decimal places):
(1) Ratio of fixed assets to long-term liabilities.
(2) Ratio of liabilities to stockholders? equity.
(3) Number of times interest charges were earned.
b. Compare the debt position of the two companies from the ratios in part(a).