The Financial Statements of Midwest Tours Are Given Below

question 37

Multiple Choice

The financial statements of Midwest Tours are given below. Note: The common shares are trading in the stock market for $36 each.
Refer to the financial statements of Midwest Tours. The firm's leverage ratio for 2009 is

• A) 1.62.
• B) 1.56.
• C) 2.00.
• D) 2.42.
• E) 2.17.

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