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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 $ 77,000 $ 37,000 $ 3,500 $105,000 $ 35,000 $ 70,000 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: / Debt-To-Equity Ratio Debt-to-equity ratio / = / = Debt To Equity Ratio Times Interest Earned Complete this question by entering your answers in the tabs below. Debt To Equity Times Interest Ratio Earned Compute the times interest earned. Times Interest Earned Choose Numerator: | Choose Denominator: Times Interest Earned Times interest earned / = / = times Debt To Equity Ratio Times Interest Earned
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