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Comporetlve finsncial sterements for We ier Corparstion, o merchendising company, foc the yesr ending December 31 appesr below, The compsny did not ksue sny new
Comporetlve finsncial sterements for We ier Corparstion, o merchendising company, foc the yesr ending December 31 appesr below, The compsny did not ksue sny new common stock during the yesr. A tatal af 600,000 shares of common stock were outstsnding. The Interest rste on the band psysale was 10%, the income tsx rate ws: 40% s, snd the dividend per share of common stock wss 5075 isst. yesr snd $0.40 th's yes. The market vol de of the compeny's comman stock et the end of this yesr wes $26. All of the camaery's ssies are on sccount. Required: Compute the fallawing finsncisi ratios for this yesr. 1. Times interest esrned ratio. 2. Deatto-equty retio. 3. Equty mutplier. (For slli requirements, raund you answers to 2 decimal places.)
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