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Hello, please help me understand The balance sheet for Shaver Corporation reported the following: cash, $16,500; short-term investments, $21,500; net accounts receivable, $58,000; inventories, $63,000;

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The balance sheet for Shaver Corporation reported the following: cash, $16,500; short-term investments, $21,500; net accounts receivable, $58,000; inventories, $63,000; prepaids, $21,500; equipment, $103,000; current liabilities, $63,000; notes payable (long- term), $93,000; total stockholders' equity, $127,500; net income, $5,620; interest expense, $9,000; income before income taxes, $12,180. 1. Compute Shaver's debt-to-assets ratio and times interest earned ratio. (Round your answers to 2 decimal places.) Ratio Debt-to-Assets Times Interest Eamed 2-a. Based on these ratios, does it appear Shaver relies mainly on debt or equity to finance its assets? Debt Equity 2-b. Is it probable that Shaver will be able to meet its future interest obligations? MacBook Air

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