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6 For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244.410, depreciation expense of $61,900, and additions to

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6 For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244.410, depreciation expense of $61,900, and additions to retained earnings of $74,300. The firm currently has 21,500 shares of common stock outstanding and the previous year's dividends per share were $1.25. Assuming a 23 percent income tax rate, what was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) 10 points 5 Calculate the following financial ratios for each year: a. Current ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Quick ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) c. Cash ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) d. Debt-equity ratio and equity multiplier. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) e. Total debt ratio. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) 10 points 8 02:06:56 Skipped eBook times times times Print References times a. 2018 current ratio 2019 current ratio b. 2018 Quick ratio 2019 Quick ratio c. 2018 Cash ratio 2019 Cash ratio d. 2018 Debt-equity ratio 2018 Equity multiplier 2019 Debt-equity ratio times times times times times

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