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Answer all questions and provide all the solutions. Please make solutions very easy to find and visible! Considar the toloaing information Gils Fish and Tackle,
Answer all questions and provide all the solutions. Please make solutions very easy to find and visible!
Considar the toloaing information Gils Fish and Tackle, Inc. Baance Shert At Dacember 31, 2016 A8sede Cash ccounts Receivable less allowarice) Invertprins Property, Plant and Equigmant 22.500 184,800 6,900 132 A00 Total A68ets $477CO Accourts Payable Currerl Porton of Larg-Ter Debl Long Term Noles Payabke 50700 70.900 109 000 Total Liabilitics 230 800 Stackholders' Equity Contributar Capitrl Rertalned Earnings 96400 Totsl Equtty 246.400 Total Liabilties and Stockholders Equity $477 000 Gir'e Fish and Tackle, Inc. Incorne Slalement For the year ening Deceirber 31,201 2.956.00( Salarlas anc WBgas Epense Opere ng and Acmin. Expenees Deprecistion Experse 1877,50 285,700 Opera ng Expenisee 2,518,500 Opera.rng Incorme ther Ex Interest Epense 15.350 Income Before Income Tax Expense Income Tex Expense 320.150 18.456 Tsx Exx Nel Income 201,89 Required: Calculntn the dent-tD-RSGats rato answers to 2 declmal places thR times intenst earnnd far the' foloAing company. (Round your Deal-lo-assels ratio Tures Inierest CarneStep by Step Solution
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