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Problem 9-20 pts Wisco Disco Company reported the following data in its financial statements for 2019: Current liabilities ........$40,000 Long-term liabilities.........80,000 Stockholders' equity.......70,000 Interest expense..............$15,000
Problem 9-20 pts Wisco Disco Company reported the following data in its financial statements for 2019: Current liabilities ........$40,000 Long-term liabilities.........80,000 Stockholders' equity.......70,000 Interest expense..............$15,000 Income tax expense............. 20,000 Net Income......................30,000 10,000 shares of stock are issued & outstanding. The market price of the stock is $45. Compute the following: Debt to total assets ratio Return on assets ratio Times interest earned ratio Earnings per share Price-earnings ratio
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