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2. Using the table below, calculate the following for Ken Flowers enterprise. The Debt ratio Times-interest-earned ratio iii. Current ratio iv. Quick ratio Total asset
2. Using the table below, calculate the following for Ken Flowers enterprise. The Debt ratio Times-interest-earned ratio iii. Current ratio iv. Quick ratio Total asset turnover ratio vi. Profit margin Total debts Total Assets 34,102,000 92,358,000 40,000 EBIT Interest Expense Current asset Current liability 6,000,000 3,000,000 Quick asset Current liability 4,000,000 1,000,000 Sales Total assets 60,000,000 12,000,000 Common stock net income Sales 30,000 180,000
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