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help! Sheridan Company provides you with the following balance sheet information as of December 31,2025. In addition, Sheridan reported net income for 2025 of $14,720,
help! Sheridan Company provides you with the following balance sheet information as of December 31,2025. In addition, Sheridan reported net income for 2025 of $14,720, income tax expense of $2,944, and interest expense of $1,196. Compute the current ratio and working capital for Sheridan for 2025. (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Assume that at the end of 2025 . Sheridan used $2,760 cash to pay off $2,760 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number eg, -45 or parentheses eg. (45).) Current ratio 1 Working capital $ eTextbook and Media Compute the debt to assets ratio and the times interest earned for Sheridan for 2025 . (Round debt to assets ratio to 0 decimal places, e.g. 25% and times interest earned to 1 decimal place, eg. 27.5.) Debt to assets ratio % Times interest earned times
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