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9.(3 points) Use the following data from Buckingham, Inc. to calculate the ratios in parts a), b), and c): Total Liabilities: Total Owners' Equity: Net

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9.(3 points) Use the following data from Buckingham, Inc. to calculate the ratios in parts a), b), and c): Total Liabilities: Total Owners' Equity: Net Income: Preferred Dividends: Weighted Average Common Shares outstanding Market Value (Price) per share: S600.000 $800.000 $590,000 S100,000 24.500 shares $120.00 per share Calculate the following ratios (round to nearest 0.00): a) Debt-to-Equity Ratio: b) Basic Earnings per Share: c) Price-Earnings Ratio: 10. (10 points) Havana Realty Co, borrowed $90,000 from Santiago Bank on January 1, 2017 by signing a 10% Installment Note requiring four equal annual payments of $28,392 cash. The payments will be made at the end of each year on December 31 (use the accounts Cash, Notes Payable, and Interest Expense). a) Prepare Havana's journal entry for the loan transaction on January 1, 2017 b) Prepare Havana's journal entry for the December 31, 2017 payment to Santiago (528,392 cash). c) Prepare Havana's journal entry for the December 31, 2018 payment to Santiago (528,392 cash) d) What is the balance in Havana's Notes Payable account on January 1, 2019 after the journal entries in parts a) b), and c) above are recorded (Please indicate Dror Cr with your answer, and assume the beginning balance in Notes Payable before January 1, 2017 was zero)

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