MC Qu. 148 A corporation reports the following...

A corporation reports the following year-end balance sheet data. The company's equity ratio equals:

Multiple Choice

0.66

1.29

0.34

0.52

2.09

MC Qu. 174 Refer to the following selected...

Refer to the following selected financial information from Shakley's Incorporated. Compute the company's times interest earned for Year 2.

Multiple Choice

5.1.

6.9.

5.9.

4.1.

12.8.

$42,000 Current liabilities Cash Accounts receivable Inventory Equipment Total assets 57,000 Long-term liabilities 62,000 Common stock 147,000 Retained earnings 77,000 28,000 102,000 101,000 $308,000 $308,000 Total liabilities and equity