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How to calculate question 15? Thank u Use the following example for questions 12-14: Tocal A CL XYZ Company has total assets of $38,999, current
How to calculate question 15? Thank u
Use the following example for questions 12-14: Tocal A CL XYZ Company has total assets of $38,999, current liabilities of $13,201, long-term assets of Lv $26,435, long-term liabilities of $14,089, and shareholder's equity equal to $1L709- Assets include $1,000 of prepaid expenses and 84,500 of inventory. CA 12) What is the Quick Ratio of XYZ Company Total log-A- prepol tap - Imentry -4souslov 3899926435-400-4500 Toby a255 13201 SA d) 0.54 Tocal A - Lag tema - Prepart Bapa Inverty CL Brol a) 1.52 b) 0.95 c) 2.95 Throl 0.54 13) What is the Current Ratio of XYZ Company? a) 1.22 CA 38999-2645 12564 b) 0.95 CL 12013201 1320 c) 2.95 d) 1.88 70.9317 ogs 14) What is the Debt-to-Equity ratio of XYZ Company? a) 2.17 "Topal - . 132017 14081 - 27290 = 2,3307 b) 1.20 SE 11709 11704 c) 2.33 2.33 d) 1.13 15) XYZ Corporation also wants to know their times interest earned ratio. Their carnings after interest and tax is $50,000. Their tax rate this year was 25% and they incurred an interest expense of $10,000. What is their times interest earned ratio? - Net Inc & Interest & Taxes a) 7.7* b) 8.3 c) 8.7 9.2 Interest Ep. & 16) A multi-step income statement is split into two categories: a) Cash & Accruals b) Assets & Liabilities c) Operating & Non-Operating d) Revenues & ExpensesStep by Step Solution
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