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Exxon Mobil Corporation has the following information: Total Assets: $10,000,000 Total Liabilities: $6,000,000 Net Income: $800,000 Interest Expense: $100,000 Income Tax Expense: $200,000 Calculate the
Exxon Mobil Corporation has the following information:
- Total Assets: $10,000,000
- Total Liabilities: $6,000,000
- Net Income: $800,000
- Interest Expense: $100,000
- Income Tax Expense: $200,000 Calculate the following ratios:
- Debt-to-Assets Ratio
- Return on Assets
- Times Interest Earned Ratio
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
