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Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. Current liabilities $ 199 Income before interest and taxes $ 131 10%
Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below.
Current liabilities | $ 199 | Income before interest and taxes | $ 131 | |
10% Bonds, long-term | 370 | Interest expense | 37 | |
Total liabilities | 569 | Income before tax | 94 | |
Shareholders' equity | Income tax | 29 | ||
Capital stock | 213 | Net income | $ 65 | |
Retained earnings | 284 | |||
Total shareholders' equity | 497 | |||
Total liabilities and equity | $1,066 |
HHF's times interest earned ratio is (Round your answer to two decimal places.): |
2.54.
3.54.
1.76.
10.00.
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