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Paddy's Pub reported the following year-end data: Income before interest expense and income tax expense Cost of goods sold Interest expense Total assets Total liabilities
Paddy's Pub reported the following year-end data: Income before interest expense and income tax expense Cost of goods sold Interest expense Total assets Total liabilities Total equity $50,000 $27,000 $ 2,500 $78,000 $18,000 $60,000 Compute the (a) debt-to-equity ratio and (b) times interest earned. Complete this question by entering your answers in the tabs below. Debt To Equity Times Interest Ratio Earned Compute the debt-to-equity ratio. Debt-To-Equity Ratio Choose Denominator: Choose Numerator: 1 Debt-To-Equity Ratio Debt-to-equity ratio 1 1 = 0
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