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Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 9,000 Accounts payable 19,000 Marketable securities 2,000 Notes payable 6,000
Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 9,000 Accounts payable 19,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 3,000 Current liabilities 25,000 Inventory 39,000 Long-term debt 95,000 Current assets 53,000 Total liabilities 120,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 27,000 Net fixed assets 114,000 Equity 47,000 Total assets 167,000 Total liab. & equity 167,000 Line item Value Sales 84,000 - Costs 68,880 - Depreciation 2,000 = EBIT 13,120 - Interest 800 = Taxable income 12,320 - Taxes 4,066 Net income 8,254 Part 1 What is the total debt to total capital ratio? 3+ decimals Attempt 3/3 for 10 pts.
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