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GHI Corporation presents the following financial figures: Total assets: $2,000,000 Total liabilities: $800,000 Preferred stock: $150,000 Common stock: $500,000 Additional paid-in capital: $220,000 Retained earnings:

  • GHI Corporation presents the following financial figures:

    • Total assets: $2,000,000
    • Total liabilities: $800,000
    • Preferred stock: $150,000
    • Common stock: $500,000
    • Additional paid-in capital: $220,000
    • Retained earnings: $350,000
    • Net income: $300,000

    Find out: a) Times interest earned ratio b) Price-to-earnings ratio c) Return on common equity d) Earnings before interest and taxes (EBIT)

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