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1.Salty Chips Company had depreciation and amortization expensesof $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 forthe year ended June 30, 2010. What

1.Salty Chips Company had depreciation and amortization expensesof $522,311, interest expenses of $114,077, and an EBITDA of $1,521,087 forthe year ended June 30, 2010. What is the Times Interest Earned for thiscompany?

2.Candles Inc., has net sales of $732,000 andaccounts receivables of $165,000. What are the firm's accounts receivablesturnover? Round to two decimal places.

3.Fizzy Soda Company has total assets of $431,600,000 and a debt ratio of0.27. Calculate the company's debt-to-equity ratio. Round to two decimal places.

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