Questions : 4 Long-Term Solvency Ratios Firm A has earnings before interest and taxes of $27,931. The times interest earned ratio is 5.3 and the cash coverage ratio is 8.6 What is the amount of the interest-paid expense? What is the amount of the depreciation expense? V/VT Questions : 5 Asset Utilization Ratios Sales and accounts receivables are valued at the retail selling price. Cost of goods sold inventory, and accounts payable are valued at the wholesale purchase price When computing turnover rates, we match retail prices with retail prices and wholesale prices with wholesale prices Questions : 5 Asset Utilization Ratios Retail prices: Receivables turnover Sales Accounts receivable Wholesale prices: Inventory turnover Cost of goods sold Inventory Cost of goods sold Accounts payable turnover Accounts payable