Question
The following information about Cassidy Company is given: Total revenue $1,000,000 Operating expenses (400,000) Operating income 600,000 Interest expense (60,000) Income before taxes 540,000 Income
The following information about Cassidy Company is given:
Total revenue | $1,000,000 |
Operating expenses | (400,000) |
Operating income | 600,000 |
Interest expense | (60,000) |
Income before taxes | 540,000 |
Income tax expense | (120,000) |
Net income | $ 420,000 |
|
|
Current assets | $ 50,000 |
Total assets | 2,000,000 |
Current liabilities | 60,000 |
Total liabilities | 1,200,000 |
Times interest earned in decimal form rounded to the nearest .001 is __________
In Cassidy's common-size income statement, total revenues in decimal form rounded to the nearest .001 is __________
In Cassidy's common size balance sheet total assets in decimal form rounded to the nearest .001 is __________
In Cassidy's common-size balance sheet current assets in decimal form rounded to the nearest .001 is __________
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