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The following selected information (in thousands) is available for Sipacore Limited: 2024 2023 Total assets $3,861 $3,700 Total liabilities 2,159 1,948 Interest expense 16
The following selected information (in thousands) is available for Sipacore Limited: 2024 2023 Total assets $3,861 $3,700 Total liabilities 2,159 1,948 Interest expense 16 27 Income tax expense 176 150 Net income 403 373 Cash provided by operating activities 848 574 Net capital expenditures 401 299 Dividends paid on common shares 109 90 Your answer is partially correct. Calculate all possible solvency ratios for 2024 and 2023. (Round debt to total assets and times interest earned to 1 decimal place e.g. 6.2 or 6.2%. Enter free cash flow amounts in thousands e.g. 525.) Debt to total assets Free cash flow 2024 55.9 % 37.2 2023 52.6 % 20.4 Times interest earned 338000 times 185000 times
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