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Business, 11.05.2021 16:00 RyanODON

Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel Pricecheck
Total assets $6,687,156 $1,964,224
Total liabilities 3,754,475 481,610
Total stockholders’ equity 2,932,681 1,482,614
Sales revenue $3,205,426 $2,588,212
Interest expense 89,233 29,084
Tax expense 164,400 52,168
Net income 309,526 499,472

Required:
Calculate the debt to equity ratio for E-Travel and Pricecheck.

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Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data:...
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