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For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings

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For Year Ended December 31 Sales Cost of goods sold Other operating expenses Interest expense Income tax expense Total costs and expenses Net income Earnings per share Current Yr $756,594 $461,522 234,544 12,862 9,836 718,764 $ 37,830 $ 2.33 1 Yr Ago $ 597,047 $388,081 151,053 13,732 8,956 561,822 $ 35,225 $ 2.17 For both the Current Year and 1 Year Ago, compute the following ratios: Exercise 13-9 Part 2 (2) Debt-to-equity ratio. Debt-to-Eaulty Ratio Choose Numerator: Choose Denominator Total liabilities 1 Total equity / : Debt-To-Equity Ratio Debt-to-equity ratio O to 1 Current Year: 1 Year Ago: O to 1

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