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answer part B View Policies Show Attempt History Current Attempt in Progress Shown below is condensed financial information for Sipacore Industries, December 31, 2022 $
answer part B
View Policies Show Attempt History Current Attempt in Progress Shown below is condensed financial information for Sipacore Industries, December 31, 2022 $ 411,000 237,147 December 31, 2021 $ 395,000 Total assets Total liabilities 214,880 Interest expense 27.600 18.200 Income tax expense 99,000 95,000 Net income 307,280 286,600 (a) Your answer is correct. Calculate the debt to total assets ratio for 2021 and 2022. (Round answers to 1 decimal place, es 52) 2022 2021 57.796 54.4 % Debt to total assets Attempts: 1 of 3 used (b) Calculate the times interest earned ratio for 2021 and 2022. (Round answers to 1 decimal place. eg. 5.2.) 2021 2022 times times Times interest earned Attempts:0 of 3 used Submit Answer Save for Later Question Part Score Step by Step Solution
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