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Purple Panda Products Inc. has a total asset turnover ratio of 6 . 0 0 x , net annual sales of $ 2 5 million,
Purple Panda Products Inc. has a total asset turnover ratio of net annual sales of $ million, and operating expenses of $ million including depreciation and amortization On its current balance sheet and income statement, respectively, it reported total debt of $ million, on which it pays interest on its outstanding debt.
To analyze a company's financial leverage situation, you need to measure the firm's debt management ratios. Based on the preceding information, what are the values for Purple Panda's debt management ratios? Note: Do not round intermediate calculations.
Ratio
Value
Debt ratio
Timesinterestearned ratio
Purple Panda Products Inc. raises around from creditors for each dollar of equity.
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