+ NOWY21 One teacX Assignment/testignmentMain.doFinvokettavassignmentSessionLocatorkinprogress also Income tax expense 111,000 Net Income $ 150,000 Other Information Short-term hetes payable represents a 12-month loan the tured in November 2017. Interest of 12% was paid at maturity One million dollars of serial bonds had been issued ten years earlier. The first nies of $200,000 matured at the end of 2017, with interest of 8 payable t. Cash flow from operation was $185,000 in 2017. The amounts of interest and taxes paid during 2017 were $89.000 and $95,000, respectively. Required 1. Compute the following for Impact Company. Round your answers to two decimal places 2017 The debt-to-buty tie at December 31, 2017, and December 31, 2016 to 1 The times were comedia for 2017 1 The Debt Service Berge ratio for 2017 time 2. The canett-tootmisas der Theats with respect to the wuty of the company. The times are ratione that impact protestants were four time the amount of interest expense It is not wise to use this interest men die because it consider theme of interest and not the payment of principal in these de with The verge rate meter indicator the commanby to with 2016 The times and the content the need to be Where it with other Teet www celandic Submit Angar AR 22 20 000 DOO FO + NOWY21 One teacX Assignment/testignmentMain.doFinvokettavassignmentSessionLocatorkinprogress also Income tax expense 111,000 Net Income $ 150,000 Other Information Short-term hetes payable represents a 12-month loan the tured in November 2017. Interest of 12% was paid at maturity One million dollars of serial bonds had been issued ten years earlier. The first nies of $200,000 matured at the end of 2017, with interest of 8 payable t. Cash flow from operation was $185,000 in 2017. The amounts of interest and taxes paid during 2017 were $89.000 and $95,000, respectively. Required 1. Compute the following for Impact Company. Round your answers to two decimal places 2017 The debt-to-buty tie at December 31, 2017, and December 31, 2016 to 1 The times were comedia for 2017 1 The Debt Service Berge ratio for 2017 time 2. The canett-tootmisas der Theats with respect to the wuty of the company. The times are ratione that impact protestants were four time the amount of interest expense It is not wise to use this interest men die because it consider theme of interest and not the payment of principal in these de with The verge rate meter indicator the commanby to with 2016 The times and the content the need to be Where it with other Teet www celandic Submit Angar AR 22 20 000 DOO FO