Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Liabilities and Equity 9,000 Accounts payable 21,000 2,000 Notes payable 6,000 7,000 Current liabilities 27,000 26,000 Long-term debt 95,000 44,000 Total liabilities 122,000 34,000 Paid-in capital 20,000 80,000 Retained earnings 16,000 114,000 Equity 36,000 158,000 Total liab. & equity 158,000 Real estate Net fixed assets Total assets Line item Value Sales 81,000 - Costs 66,420 - Depreciation 2,000 = EBIT 12,580 - Interest 800 = Taxable income 11.780 - Taxes 3,887 = Net income 7.893 Part 1 What is the times interest-eamed ratio? Attempt 1/3 for 10 pts decu Submit