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Ratios Analyzing Long-Term Firm Solvency The following information is available for Percy Company: Annual Data Interest expense Income tax expense Net income Capital expenditures Cash
Ratios Analyzing Long-Term Firm Solvency The following information is available for Percy Company: Annual Data Interest expense Income tax expense Net income Capital expenditures Cash provided by operating activities Year-End Data Total liabilities Total stockholders' equity 2020 2019 $170,000 $166,000 126,000 117,000 294,000 275,000 435,000 350,000 247,000 223,000 Dec. 31, 2020 Dec. 31, 2019 $3,500,000 $2,900,000 2,200,000 1,900,000 Calculate the following ratios for 2020: (Round all ratios to two decimals.) a. Debt-to-equity ratio 0 b. Times-interest-earned ratio 0 c. Operating-cash-flow-to-capital-expenditures ratio 0
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