Western World has the following selected data ($ In milllons): 1526 2021 Balance mheet data Total...
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Western World has the following selected data ($ In milllons): 1526 2021 Balance mheet data Total assats Total liabilitias $2,600 1,700 900 $2,250 1,150 1,100 Total stockholders' equity Income statament data Sales 840 70 Interest expense Tax expense Net income 38 95 Based on these amounts, calculate the following ratios for Western World in 2021: (Round y 1. Debt to equity ratio 2. Retum on assets ratio % 3. Times interest eamed ratio times Western World has the following selected data ($ In milllons): 1526 2021 Balance mheet data Total assats Total liabilitias $2,600 1,700 900 $2,250 1,150 1,100 Total stockholders' equity Income statament data Sales 840 70 Interest expense Tax expense Net income 38 95 Based on these amounts, calculate the following ratios for Western World in 2021: (Round y 1. Debt to equity ratio 2. Retum on assets ratio % 3. Times interest eamed ratio times
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Answer rating: 100% (QA)
Date Page No 2021 Time interest faaned Ratio foo year tis mea... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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