The Following Ratios Have Been Calculated for Wholesale Appliances, Inc

question 33

Essay

The following ratios have been calculated for Wholesale Appliances, Inc.Analyze the capital structure and long-term solvency of Wholesale Appliances, Inc.
2015------2014
$\begin{array}{ll}\text { Debt ratio (\%) } & 77.8 &90.3\\\text { Long-term debt to total capital (\%) } & 29.8&66.1\\Times interest earned (times)&(2.0)&(2.8)\\\text { Cash interest coverage (times) }&4.6&4.1\\\text { Fixed charge coverage (times) }&(0.4)&(1.0)\\\text { Cash flow adequacy (times) }&0.2&0.3\end{array}$

---

Definitions:

Menarche

The onset of menstruation in female individuals, marking the beginning of reproductive capability.

Ovulation

The phase in a female's menstrual cycle when a mature egg is released from the ovary to the fallopian tube for potential fertilization.

Menarche

The first occurrence of menstruation in a female, marking a significant milestone in the transition from girlhood to womanhood within the context of physical and reproductive development.

Ovulation

Ovulation is a phase in the female menstrual cycle where an egg is released from the ovary, making it available for fertilization.