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Carla Vista Co provides you with the following balance sheet information as of December 31, 2017 Current assets $13,570 Current liabilities $14.160 Long-term assets 31,270
Carla Vista Co provides you with the following balance sheet information as of December 31, 2017 Current assets $13,570 Current liabilities $14.160 Long-term assets 31,270 Long-term liabilities 16.520 Total assets $44,840 Stockholders' equity 14.160 Total liabilities and stockholders' equity $44,840 In addition, Carla Vista reported net income for 2017 of $18,880, income tax expense of $3,776, and interest expense of $1,520. Compute the current ratio and working capital for Carla Vista for 2017. (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) :1 Current ratio Working capital $ e Textbook and Media Assume that at the end of 2017, Carla Vista used $3,540 cash to pay off $3,540 of ac yable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) Current ratio :1 Working capital $ e Textbook and Media Compute the debt to assets ratio and the times interest earned for Carla Vista for 2017. (Round answers to 2 decimal places, eg. 2.75.) Debt to assets ratio :1 Times interest earned ratio times
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