Use the Information That Follows Taken from Tyler Company's Financial

question 50

Essay

Use the information that follows taken from Tyler Company's financial statements for the years ending December 31, 2010 and 2009 to answer problems 13 through 19.

-The industry in which Tyler is a member has an average debt/equity ratio of 0.98. Determine if, as measured by Tyler's debt/equity ratio on December 31, 2010, Tyler is taking full advantage of investing borrowed capital in its operations relative to that of the average firm in its industry.

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