The following information was obtained from the comparative financial statements included in IBM's 2010 annual report. (All amounts are in millions of dollars.)
1. Using the information provided, compute the following for 2010 and 2009:
a. Debt-to-equity ratio (at each year-end)
b. Times interest earned ratio
c. Debt service coverage ratio
d. Cash flow from operations to capital expenditures ratio
2. Comment briefly on the company's solvency.
This question was answered on: Jul 11, 2017
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