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Suppose the Pharoah Ltd.s 2020 financial statements contain the following selected data (in millions). Current assets NT$3,808.0 Interest expense NT$560.0 Total assets 33,824.0 Income taxes
Suppose the Pharoah Ltd.s 2020 financial statements contain the following selected data (in millions). Current assets NT$3,808.0 Interest expense NT$560.0 Total assets 33,824.0 Income taxes 2,128.0 Current liabilities 3,248.0 Net income 5,040.0 Total liabilities 17,920.0 Compute the following values. (a) Debt to assets ratio. (Round to O decimal places, e.g. 62%.) % (b) Times interest earned. (Round to 2 decimal places, e.g. 6.25.) times
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