- Data table em js. Is to $ 4,800,000 Fula $ 163,000 Mortgage note payable, current portion Leases payable (long-term) Bonds payable, long-term Mortgage note payable long-term Bonds payable, current portion Interest expense Total assets 94,000 Accumulated depreciation, 440,000 equipment 300,000 Discount on bonds payable (all long-term) 386,000 Operating income 200,000 Equipment 129,000 Long-term investments (market value) Interest payable 26,000 380,000 748,000 405,000 78,000 Print Done - Requirements te th Ind ar lat ol 1. Show how each relevant item would be reported on the Barnstable Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Barnstable Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Barnstable Foods cover its interest expense during 2021? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Print Done Batter De As aana da ) pareet |