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Question 3 Not yet answered Marked out of 1.00 P Flag question Ratios Analyzing Long-Term Firm Solvency The following information is available for Antler Company:

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Question 3 Not yet answered Marked out of 1.00 P Flag question Ratios Analyzing Long-Term Firm Solvency The following information is available for Antler Company: Annual Data 2013 2012 Interest expense $108,000 $102,000 Income tax expense 223,500 205,000 Net income 516,500 415,000 Capital expenditures 320,000 400,000 Cash provided by operating activities 425,000 390,000 Year-End Data Total liabilities Total stockholders' equity Dec. 31, 2013 Dec. 31, 2012 $2,220,000 $1,900,000 4,000,000 3,600,000 Calculate the following: Note: Round all answers to two decimal places. a. 2013 debt-to-equity ratio. b. 2013 times-interest-earned ratio. C. 2013 operating-cash-flow-to-capital-expenditures ratio

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