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Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions): Surf's Up Selected Balance Sheet Data 2024
Surf's Up, a manufacturer of surfing supplies and training equipment, has the following selected data ($ in millions):
Surf's Up | ||
Selected Balance Sheet Data | ||
2024 | 2023 | |
---|---|---|
Total assets | $733 | $724 |
Total liabilities | 625 | 527 |
Total stockholders equity | 108 | 197 |
Surf's Up | |
Selected Income Statement Data | |
2024 | |
---|---|
Sales revenue | $801 |
Interest expense | 19 |
Income tax expense | 41 |
Net income | 63 |
Based on these amounts, calculate the following ratios for 2024: (Do not round intermediate calculations. Round all final answers to 1 decimal place. Enter your answer in millions (i.e. 5,500,000 should be entered as 5.5).)
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