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please help asap will upvote! Balance Sheet Current assets Cash 980,000 Acc receivable not given Inventories 1,040,000 Fixed assets 3,840,000 TOTAL ASSETS 6,500,000 Current 1iabilities
please help asap will upvote!
Balance Sheet Current assets Cash 980,000 Acc receivable not given Inventories 1,040,000 Fixed assets 3,840,000 TOTAL ASSETS 6,500,000 Current 1iabilities Acc payable not given Long-term debt 2,000,000 Common stock 780,000 Retained earnings 3,350,000 TOTAL LIAB and EQUITY 6,500,000 Income Statement Sales 19, 500,000 Operating expenge 14,630,000 EBII 4,870,000 Interest expense 240,000 EBI 4,630,000 Taxes 1,852,000 Net income 2,778,000 What ig the firm's debt ratio? What is the fixm'g debt ratio? 30.77%36.46%63.54%94.31%88.00% Step by Step Solution
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