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QLDAccountingQuick questions

Unit 4: Monitoring a business (company accounting and analysis)

Quick questions on Financial stability and decision-making in QCE Accounting Unit 4

3short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is debt to equity ratio?
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Debt to equity = (Total liabilities / Total equity) x 100, or expressed as a ratio.
What is debt ratio?
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Debt ratio = (Total liabilities / Total assets) x 100
What is times interest earned (interest coverage)?
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Times interest earned = Profit before interest and tax / Interest expense

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