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Someone help me with the question. thanks in advance Question 2 (a) You have been asked to evaluate the long-term borrowing position of Kelain Bhd.
Someone help me with the question. thanks in advance
Question 2 (a) You have been asked to evaluate the long-term borrowing position of Kelain Bhd. However, you were given only the following limited information: Bonds payable, 12% RM1,000,000 Stockholders' equity 1,800,000 Current assets 1,870,000 Tangible assets, net 1,600,000 Intangible assets 40,000 Investments 120,000 Other assets 90,000 Sales 4,000,000 Operating expenses 3,620,000 Required: Assuming that this is the only information you will receive, estimate the following ratios: (1) Times interest earned ratio () Debt ratio (iii) Debt/equity ratio (iv) Debt to tangible net worth ratio (8 marks)Step by Step Solution
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