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he following selected information (in thousands) is available for Espresso Limited: 2021 2020 Total assets $3,871 $3,712 Total liabilities 2,192 1,978 Interest expense 14 23
he following selected information (in thousands) is available for Espresso Limited:
2021 | 2020 | ||||
---|---|---|---|---|---|
Total assets | $3,871 | $3,712 | |||
Total liabilities | 2,192 | 1,978 | |||
Interest expense | 14 | 23 | |||
Income tax expense | 175 | 149 | |||
Net income | 405 | 374 | |||
Cash provided by operating activities | 856 | 583 | |||
Net capital expenditures | 400 | 301 | |||
Dividends paid on common shares | 110 | 90 |
Calculate all possible solvency ratios for 2021 and 2020. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amounts in thousands.)
2021 | 2020 | ||||||
---|---|---|---|---|---|---|---|
Debt to total assets | enter percentages | % | enter percentages | % | |||
Free cash flow | $enter a dollar amount | $enter a dollar amount | |||||
Times interest earned | enter number of times interest earned | times | enter number of times interest earned | times |
Indicate whether each of the solvency ratios calculated above is better or worse in 2021.
Debt to total assets | select an option WorseBetter | ||
---|---|---|---|
Free cash flow | select an option WorseBetter | ||
Times interest earned | select an option WorseBetter |
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