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Danish Inc. has total current assets of $1,570,000; total current liabilities of $902,000; owner's equity of $450,000 and long-term assets of $800,000. Find the company's:

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Danish Inc. has total current assets of $1,570,000; total current liabilities of $902,000; owner's equity of $450,000 and long-term assets of $800,000. Find the company's: (1) Total Liabilities & Equity (0.50 mark) (2) Long Term Debt (0.50 mark) (3) Debt to Total Asset Ratio (1 mark) 1 A- A company has average earnings of $2 million, interest on senior bonds of $400,000, and $160,000 interest on junior bonds. What is the Interest Cover Ratio (Times Interest Earned)? A

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