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The following table presents the data for Caoba Inc. as of December 31, 2018: Accounts payable Accounts receivable Cash and cash equivalents COGS Common stock
The following table presents the data for Caoba Inc. as of December 31, 2018: Accounts payable Accounts receivable Cash and cash equivalents COGS Common stock Depreciation Dividend payout ratio Interest paid Inventory Long-term debt Net fixed assets Sales Short-term debt Tax rate $126,000 $165,000 $106,000 $271,600 $1,090,000 $42,000 40% $38,596 $175,000 $1,856,000 $2,932,000 $440,000 $142,872 31% Calculate the following financial ratios for CanDa Inc. in the fiscal year of 2019 (round all answers to six decimal places): Long-term debt ratio Times interest earned Cash coverage ratio Inventory turnover (using avg. inventory from 2018 & 2019)
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