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please answer those in 20 minutes Based on the data presented above in question one, what is the times interest earned ratio? (Round to two
please answer those in 20 minutes
Based on the data presented above in question one, what is the times interest earned ratio? (Round to two decimal places.) Bonds Payable, 6% (due in 15 years) 1,203,400 Revenue 822,560 Net Income 253,450 COGS 544,000 Income tax for year 80,000 Total Assets 727,800 Interest Payable 40,000 Total Liabilities 302,795 Interest Expense 43,500 Interest Receivable 25,000 10.96 6.82 9.42 8.67 Bonds Payable, 6% (due in 15 years) Net Income Income tax for year Interest Payable Interest Expense Interest Receivable 1,203,400 253,450 80,000 40,000 43,500 25,000 Revenue COGS Total Assets Total Liabilities 822,560 544,000 727,800 302,795 Base on the data presented above, what is the debt to equity ratio? (Round to two decimal places.) 0.71 42 Oo 1.4 1.71 Step by Step Solution
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