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Sandhill Co. provides you with the following balance sheet information as of December 31, 2025. Current assets Long-term assets Total assets $11,040 25,970 $37,010 Current
Sandhill Co. provides you with the following balance sheet information as of December 31, 2025. Current assets Long-term assets Total assets $11,040 25,970 $37,010 Current liabilities s Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $11,500 13,720 11,790 $37,010 In addition, Sandhill reported net income for 2025 of $15,680, income tax expense of $3,136, and interest expense of $1,274.
Compute the current ratio and working capital for Sandhill for 2025. (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Current ratio :1 Working capital $ Assume that at the end of 2025 , Sandhill used $2,940 cash to pay off $2,940 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Current ratio :1 Working capital $ Compute the debt to assets ratio and the times interest earned for Sandhill for 2025. (Round debt to assets ratio to 0 decimal places, eg. 25% and times interest earned to 1 decimal ploce, eg. 27.5) Debt to assets ratio % Times interest earned times
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