Calculate the operating ratio funded debt to operating


The following statistics relate to Michgate, an electric utility:

2383_Table 8.jpg

Required
a. Calculate the following for 2011, 2010, and 2009:
1. Operating ratio

2. Funded debt to operating property

3. Percent earned on operating property

4. Operating revenue to operating property

b. Comment on trends found in the ratios computed in (a).

c. Comment on the trend between earnings per share and cash flow per share.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Calculate the operating ratio funded debt to operating
Reference No:- TGS01720514

Expected delivery within 24 Hours