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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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