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-/1 Question 3 of 6 Pharoah Company provides you with the following balance sheet information as of December 31, 2017 Current assets Long-term assets Total
-/1 Question 3 of 6 Pharoah Company provides you with the following balance sheet information as of December 31, 2017 Current assets Long-term assets Total assets $10,350 23,850 $34,200 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $10,800 12,600 10,800 $34,200 In addition, Pharoah reported net income for 2017 of $14,400, income tax expense of $2,880, and interest expense of $1,170. Compute the current ratio and working capital for Pharoah for 2017. (Round current ratio to 2 decimal places, e... 2.75. Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses es.(45)) :1 Current ratio Working capital eTextbook and Media Question 3 of 6 -/1 E Assume that at the end of 2017, Pharoah used $2,700 cash to pay off $2,700 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg 2.75. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses es (451) Current ratio :1 Working capital $ e Textbook and Media Compute the debt to assets ratio and the times interest earned for Pharoah for 2017. (Round answers to 2 decimal places, es. 275) Debt to assets ratio :1 Times interest earned ratio times e Textbook and Media
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