Ch.13

What is the current ratio if a companys short-term asset balance is $120,580 and its short-term liabilities balance is $60,290?

a.

What is the debt ratio if the total assets financed with debt total $2,535,000 and assets total $3,900,000? (Round your answer to 2 decimal places.)

b.

What is the times interest earned ratio if a companys EBIT is $2,821,000 and the total interest payments are $910,000? (Round your answer to 2 decimal places.)

c.