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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

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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 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, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Current ratio :1 Working capital ta $ Assume that at the end of 2017, Carla Vista used $3,540 cash to pay off $3,540 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Current ratio 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, e.g. 2.75.) Debt to assets ratio Times interest earned ratio times

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