Tho acoounting records of Brigham Foods, Inc., include the following iloms at December 31, 2021: (Click the icon to view the accounting records.) Road the reaultements. Requirement 1. Show how each relevant item would be reported on the Brigham Foods classiffed balance shoet, Include headings and sotals for current liabilities and long-term liablities: Select the labels and then enter the amounts to complete the classified balance sheet You will need to determine the total current assets value from the information provided and your calculations. (Abbreviations used; liab = Sablities, NP = notes payable, and pay, = payable.) Data table 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021 ? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc, include the following items at December 31, 2021: (Click the icon to view the nocounting records:) Read the cequirements The accounting records of Brigham Foods, Inc, include the following items at December 31, 2021: 123 (Click the icon to view the accounting records.) Read the requiremeats. Requirement 2. Anawer the following questions about Brigham Food's financial position at December 31, 2021: 3. What is the carrying amount of the bonds payable (combine the current and long-term acoounts)? b. Why is the interest payable amount so much less than the amount of interest expense? The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 20212 (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Bngnam covered its interest expense urnes. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the conipary, Use year-end figures in place of averages where needed for the purpose of calculabing ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Begin by computing the leverage ratio. Select the formula for the leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your antwer to two decimal places.) The accounting records of Brigham Foods, Inc., include the following items at Decomber 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal pisces.) Evaluate the health of the company from a leveroge point of view. What oenor information would be helptul in making your evaluation? (Round the ratio to two decimal places.) The company's debt ratio and loverage ratios are , and operating income covers interest payments by With this limited information, the company appears to be risk from a leverage point of viow. would also be heipful. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current labilities and long-term liabilities. Select the labels and then enter the amounts to complete the classified balance sheet. You will need to determine the total current sssets value trom the information provided and your calculations. (Abbreviations used: liab, = liablities, NP = notes payable, and pay, = payable.) Data table Requirements 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021 ? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the tequirements. The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Foods financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? he accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answor to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liablities are included in the information provided. Calculate the leverage ratio and debt ratio of the compank The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How n amount of interest that the company owes at year-end. 21? (Round your answer to Avo decimal places.) Brigham covered its int company's cost of borrowing for the full year. .ovided. Calculate the leverage ratio and debt ratio of the c Requirement 4. Assun. The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How m 31? (Round your answer to two decimal places.) Brigham covered its int amount of interest that the company owes at year-end. Requirement 4. Assum wided. Calculate the leverage ratio and debt ratio of the company company's cost of borrowing for the full year. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a teverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Begin by computing the leverage ratio. Select the formula for the leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your answer to fwo decimal places.) The acc .-. wing items at December 31, 2021: 2E (Clin Read th Average common stockholders' equity Average total assets Require nterest expense during 2021? (Round your answer to two decimal places.) Long-term liabilities Require Total current assets luded in the information providid. Calculate the leverage ratio and debt ratio of the company Use yea view. As Total current liabilities ipurpose of calculating ratios in this probiem. Evaluate the health of the company from a leverage point of outstanding. What other information would be helptul in making your evaluation? e leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your answer to fwo Now, select the formula for the debl ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two docimal places.) Requirement 4 . Assume that ail of the existing liabilitios an rage ratio and debt ratio of the company. Uso year-end figures in place of averages where needed fo the the health of the company from a leverage point of view. Assume the company only has common stock issued I in making your evaluation? Begin by computing the leverage ratio, Select the formula i ulate the leverage ratio. (Round your answer to two decimal pisces.) Now, select the formuia for the dobt ratio. Then complese the formula and calculate the debt ratio. (Round your answor to two decimal places.) aco Long-term liabilities Inc., include the following items at December 31, 2021: ecords.) Stockholders' equity Total assets Total current assets Total current liabilities Now, se Total liabilities hen complete the formula and calculate the debt ratio. (Round your answer to two decimal place Evaluate the health of the company from a leverage point of view. What other information would be helpful in making your evaluation? (Roun decimal places.) The company's debt ratio and leverage ratios are , and operating income covers interest payments by times. With this limitod information, the company appears to be risk from a leverage point of view. would also be helpful. e accounting records of Brigham Foc Long-term liabilities i at December 31, 2021: (Click the icon to view the accounti Stockholders' equity ead the requirements. Total assets Total current assets Total current liabilities Now, bolect the formula for the debi rail Total liabilities zalculate the dobt rato. (Round your answer to two decimal places.) Debt ratio Evaluate the heaith of the company from a laverage point of view. What other informaton would be helptul in making your evaluation? (Round the ratio to two decimal places.) The companys debt tatio and leverage ratios are , and operating income covers interest payments by times. With this fmitied information, the company appears to be risk from a loverage point of view. would also be helofut The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. =Leverageratio= Now, select the formula for the debt ratio. Then complete the formula and caiculate the dobt ratio. (Round your answer to two decimal places.) Evaluate the heath of the company from a leverage point of viow. What other intormation would be helpful in making your evaluation? (Round the ratio to fwo decimal places.) The company's dobl ratio and leverage ratios are and operating income covers interest payments by times. Whi this limbled intormation, the company appears to be risk from a leverage point of view. would also be heidul. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal places.) Dobt rasio Evaluate the heath of the company from a loverage point of view. What other information would be heiptul in making your evaluation? (Round the ritio to two decimal places.) The company's debt ratio and leverage ration are and cporating inoome covers interest payments by with this limited information, the company appears risk from a leverage point of view. low The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Iculate the debt ratio. (Round your answer to two decimal places.) The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records-) Read the requirements. Requirement 1. Show how each relevant alem would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabhities and leng-term liabilities. Select the labels and then enter the amounts to complete the classified balance sheet. You wil need to determine the total current assets value from the information provided and your calculations. (Abbreviatons used, liab, = liabilities, NP e notes payable, and pay, " payable.) Mortgage note payable, Total assets current portion $92,000 Accumulated depreciation. Leases payable (long-term) 461,000 equipment 166,000 Bonds payable, long-term 325,000 Discount on bonds payable and totals for Mortgage note payable (all long-term) long-term 311,000 Operating income Bonds payable, current portion 50,000 Equipment Interest expense 229,000 Long-term investments (market value) 425,000 Interest paryable 74,000 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How n amount of interest that the company owes at year-end. 21? (Round your answer to two decimal places.) Brigham covered its int company's cost of borrowing for the full year. Requirement 4. Assun. Wvided. Calculate the leverage ratio and debt ratio of The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How m 21? (Round your answer to two decimal places.) Brigham covered its int amount of interest that the company owes at year-end. Requirement 4. Assum vided. Calculate the leverage ratio and debt ratio of the company. company's cost ot borrowing for the full year. The accounting records of Brigham Foods, Inc, include the follosing items at December 31, 2021: IH] (Click the icon to view the accounting records.) Read the feouirements bngham covered its interest expense Requirement 4. Assume that all of the existing liabities are included in the informotion provided. Calculate the leverage rabio and debt ratio of the compary. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other intormation wosld be heletil in making your evaluation? Begin by computing the leverage ratio, Select the formula for the leverage ratio. Then complete the formula and calculate the leverage raso. (Round your answer te two decimal places.) Now, solect the formila for the debt ratio. Then corephete the formula and calculate the debt ratio, (Round your answer io two decimal places ) wing items at Doceenber 31, 2021: luded in the inlormation provibed. Calculate the weverage ratio and debt ratio of the company: ipurpese of calculaing rabios in this problem, Evaluate the hedth of the company from a loverage point of curstanding. What other informatos weuld be helpful in making your evaluaton? a leverage facio. Then complete the fomuis and csiculate the leverage raso. fRounit your answer tu two The accounting records of Erigham Foods, Inc,, include the (Click the icon to view the accounting records.) Read the teguifements Bngham ooverea its insecest expenso limes. Requirement 4. Assume that all of the existing liabilies an arage ratio and deot ratio of the company Use year-and figures in place of averages where needed fo iate the heath of the company from a leverage point of viow. Assume the compary only has oommon stock istued fof in making your ovaluation? Begin by computing the leverage ratio. Folect the formula fi leulate the loverage ratio. (Round your anawer to two The aco Inc., indude the following items at December 31, 2021: IiB (Clik Stockholders' equity ecords.) Read th Total assets Total current assets Total current liabilities Now, se Total liabilities hen complete the formula and calculate the debt ratio. (Round your answor to two decimal places.) Evaluate the heath of the compary from a loverage point of view. What oher information would be holpful in making your evaluation? (Round the ratio to two decimal places.) The company's debt ratio and leverage ratios are and operating income covers inlerest payments by times. With this timited information, the company appears to be risk from a leverage point of viaw. would alio be heiplu. The actounting records of Brigham Foc iat December 31, 2021: (Click the icon to view the accounti) Stockholders' equity Read the requirements: Total assets \begin{tabular}{l|l} Total current assets \\ Total current liabilities \end{tabular}= Leverage ratio Now, select the formula for the debt rall Total liabilities saculate the dobt ratio. (Round your answet to two decimal piaces. ) Evaluale the hoolth of the compacy trom a leverage polit of view. What ather information would be heipha in making your evalaation? (RRound the ratio to fiws decimal places.) The companys debt rato and leverage tatios are , and operaieg inoome covere imereit poyments ty 5mes. With this lirnted information, the campany appeins to te ritk from a ieveroge point of view Would aivo be helpti. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal places.) =Debtratio= Evaluate the health of the company from a leverage point of view. What other information would be helpful in making your evaluation? (Round the ratil decimal places.) The company's debt ratio and leverage ratios are , and operating income covers interest payments by times. With this limited information, the company appears risk from a leverage point of view. also be helpful. The acoounting records of Brigham Foods, Inc., include the following iems at Docember 31, 2021: (Click the ioon to wiow the acocunting records.) Read the reguedements. The acoounting records of Brigham Foods, Inc., include the lollowing items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements Now, select the focmula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to teo decimal places.) Debe rato Evaluate the health of the compeny trom a leverage point of vew. What other information would be helptul in making your evaluation? (Round the rato to two decimal places) The company's debt ratio and leverage ratios are and operasing inoore covers interest payments by times. With this limated information, the compary appears to be risk trom a leverage point of vew fwoud abso be hotptul Tho acoounting records of Brigham Foods, Inc., include the following iloms at December 31, 2021: (Click the icon to view the accounting records.) Road the reaultements. Requirement 1. Show how each relevant item would be reported on the Brigham Foods classiffed balance shoet, Include headings and sotals for current liabilities and long-term liablities: Select the labels and then enter the amounts to complete the classified balance sheet You will need to determine the total current assets value from the information provided and your calculations. (Abbreviations used; liab = Sablities, NP = notes payable, and pay, = payable.) Data table 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021 ? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc, include the following items at December 31, 2021: (Click the icon to view the nocounting records:) Read the cequirements The accounting records of Brigham Foods, Inc, include the following items at December 31, 2021: 123 (Click the icon to view the accounting records.) Read the requiremeats. Requirement 2. Anawer the following questions about Brigham Food's financial position at December 31, 2021: 3. What is the carrying amount of the bonds payable (combine the current and long-term acoounts)? b. Why is the interest payable amount so much less than the amount of interest expense? The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 20212 (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Bngnam covered its interest expense urnes. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the conipary, Use year-end figures in place of averages where needed for the purpose of calculabing ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Begin by computing the leverage ratio. Select the formula for the leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your antwer to two decimal places.) The accounting records of Brigham Foods, Inc., include the following items at Decomber 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal pisces.) Evaluate the health of the company from a leveroge point of view. What oenor information would be helptul in making your evaluation? (Round the ratio to two decimal places.) The company's debt ratio and loverage ratios are , and operating income covers interest payments by With this limited information, the company appears to be risk from a leverage point of viow. would also be heipful. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current labilities and long-term liabilities. Select the labels and then enter the amounts to complete the classified balance sheet. You will need to determine the total current sssets value trom the information provided and your calculations. (Abbreviations used: liab, = liablities, NP = notes payable, and pay, = payable.) Data table Requirements 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021 ? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the tequirements. The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Foods financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? he accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answor to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liablities are included in the information provided. Calculate the leverage ratio and debt ratio of the compank The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How n amount of interest that the company owes at year-end. 21? (Round your answer to Avo decimal places.) Brigham covered its int company's cost of borrowing for the full year. .ovided. Calculate the leverage ratio and debt ratio of the c Requirement 4. Assun. The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How m 31? (Round your answer to two decimal places.) Brigham covered its int amount of interest that the company owes at year-end. Requirement 4. Assum wided. Calculate the leverage ratio and debt ratio of the company company's cost of borrowing for the full year. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a teverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? Begin by computing the leverage ratio. Select the formula for the leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your answer to fwo decimal places.) The acc .-. wing items at December 31, 2021: 2E (Clin Read th Average common stockholders' equity Average total assets Require nterest expense during 2021? (Round your answer to two decimal places.) Long-term liabilities Require Total current assets luded in the information providid. Calculate the leverage ratio and debt ratio of the company Use yea view. As Total current liabilities ipurpose of calculating ratios in this probiem. Evaluate the health of the company from a leverage point of outstanding. What other information would be helptul in making your evaluation? e leverage ratio. Then complete the formula and calculate the leverage ratio. (Round your answer to fwo Now, select the formula for the debl ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two docimal places.) Requirement 4 . Assume that ail of the existing liabilitios an rage ratio and debt ratio of the company. Uso year-end figures in place of averages where needed fo the the health of the company from a leverage point of view. Assume the company only has common stock issued I in making your evaluation? Begin by computing the leverage ratio, Select the formula i ulate the leverage ratio. (Round your answer to two decimal pisces.) Now, select the formuia for the dobt ratio. Then complese the formula and calculate the debt ratio. (Round your answor to two decimal places.) aco Long-term liabilities Inc., include the following items at December 31, 2021: ecords.) Stockholders' equity Total assets Total current assets Total current liabilities Now, se Total liabilities hen complete the formula and calculate the debt ratio. (Round your answer to two decimal place Evaluate the health of the company from a leverage point of view. What other information would be helpful in making your evaluation? (Roun decimal places.) The company's debt ratio and leverage ratios are , and operating income covers interest payments by times. With this limitod information, the company appears to be risk from a leverage point of view. would also be helpful. e accounting records of Brigham Foc Long-term liabilities i at December 31, 2021: (Click the icon to view the accounti Stockholders' equity ead the requirements. Total assets Total current assets Total current liabilities Now, bolect the formula for the debi rail Total liabilities zalculate the dobt rato. (Round your answer to two decimal places.) Debt ratio Evaluate the heaith of the company from a laverage point of view. What other informaton would be helptul in making your evaluation? (Round the ratio to two decimal places.) The companys debt tatio and leverage ratios are , and operating income covers interest payments by times. With this fmitied information, the company appears to be risk from a loverage point of view. would also be helofut The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. =Leverageratio= Now, select the formula for the debt ratio. Then complete the formula and caiculate the dobt ratio. (Round your answer to two decimal places.) Evaluate the heath of the company from a leverage point of viow. What other intormation would be helpful in making your evaluation? (Round the ratio to fwo decimal places.) The company's dobl ratio and leverage ratios are and operating income covers interest payments by times. Whi this limbled intormation, the company appears to be risk from a leverage point of view. would also be heidul. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal places.) Dobt rasio Evaluate the heath of the company from a loverage point of view. What other information would be heiptul in making your evaluation? (Round the ritio to two decimal places.) The company's debt ratio and leverage ration are and cporating inoome covers interest payments by with this limited information, the company appears risk from a leverage point of view. low The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Iculate the debt ratio. (Round your answer to two decimal places.) The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records-) Read the requirements. Requirement 1. Show how each relevant alem would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabhities and leng-term liabilities. Select the labels and then enter the amounts to complete the classified balance sheet. You wil need to determine the total current assets value from the information provided and your calculations. (Abbreviatons used, liab, = liabilities, NP e notes payable, and pay, " payable.) Mortgage note payable, Total assets current portion $92,000 Accumulated depreciation. Leases payable (long-term) 461,000 equipment 166,000 Bonds payable, long-term 325,000 Discount on bonds payable and totals for Mortgage note payable (all long-term) long-term 311,000 Operating income Bonds payable, current portion 50,000 Equipment Interest expense 229,000 Long-term investments (market value) 425,000 Interest paryable 74,000 1. Show how each relevant item would be reported on the Brigham Foods classified balance sheet. Include headings and totals for current liabilities and long-term liabilities. 2. Answer the following questions about Brigham Food's financial position at December 31 , 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term amounts)? b. Why is the interest-payable amount so much less than the amount of interest expense? 3. How many times did Brigham Foods cover its interest expense during 2021? 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other information would be helpful in making your evaluation? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How many times did Brigham Foods cover its interest expense during 2021? (Round your answer to two decimal places.) Brigham covered its interest expense times. Requirement 4. Assume that all of the existing liabilities are included in the information provided. Calculate the leverage ratio and debt ratio of the company The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How n amount of interest that the company owes at year-end. 21? (Round your answer to two decimal places.) Brigham covered its int company's cost of borrowing for the full year. Requirement 4. Assun. Wvided. Calculate the leverage ratio and debt ratio of The accounting records of Brigham Foods, Inc., include the following items at December 31,2021 : (Click the icon to view the accounting records.) Read the requirements. Requirement 2. Answer the following questions about Brigham Food's financial position at December 31, 2021: a. What is the carrying amount of the bonds payable (combine the current and long-term accounts)? b. Why is the interest payable amount so much less than the amount of interest expense? Interest payable is the Interest expense is the Requirement 3. How m 21? (Round your answer to two decimal places.) Brigham covered its int amount of interest that the company owes at year-end. Requirement 4. Assum vided. Calculate the leverage ratio and debt ratio of the company. company's cost ot borrowing for the full year. The accounting records of Brigham Foods, Inc, include the follosing items at December 31, 2021: IH] (Click the icon to view the accounting records.) Read the feouirements bngham covered its interest expense Requirement 4. Assume that all of the existing liabities are included in the informotion provided. Calculate the leverage rabio and debt ratio of the compary. Use year-end figures in place of averages where needed for the purpose of calculating ratios in this problem. Evaluate the health of the company from a leverage point of view. Assume the company only has common stock issued and outstanding. What other intormation wosld be heletil in making your evaluation? Begin by computing the leverage ratio, Select the formula for the leverage ratio. Then complete the formula and calculate the leverage raso. (Round your answer te two decimal places.) Now, solect the formila for the debt ratio. Then corephete the formula and calculate the debt ratio, (Round your answer io two decimal places ) wing items at Doceenber 31, 2021: luded in the inlormation provibed. Calculate the weverage ratio and debt ratio of the company: ipurpese of calculaing rabios in this problem, Evaluate the hedth of the company from a loverage point of curstanding. What other informatos weuld be helpful in making your evaluaton? a leverage facio. Then complete the fomuis and csiculate the leverage raso. fRounit your answer tu two The accounting records of Erigham Foods, Inc,, include the (Click the icon to view the accounting records.) Read the teguifements Bngham ooverea its insecest expenso limes. Requirement 4. Assume that all of the existing liabilies an arage ratio and deot ratio of the company Use year-and figures in place of averages where needed fo iate the heath of the company from a leverage point of viow. Assume the compary only has oommon stock istued fof in making your ovaluation? Begin by computing the leverage ratio. Folect the formula fi leulate the loverage ratio. (Round your anawer to two The aco Inc., indude the following items at December 31, 2021: IiB (Clik Stockholders' equity ecords.) Read th Total assets Total current assets Total current liabilities Now, se Total liabilities hen complete the formula and calculate the debt ratio. (Round your answor to two decimal places.) Evaluate the heath of the compary from a loverage point of view. What oher information would be holpful in making your evaluation? (Round the ratio to two decimal places.) The company's debt ratio and leverage ratios are and operating income covers inlerest payments by times. With this timited information, the company appears to be risk from a leverage point of viaw. would alio be heiplu. The actounting records of Brigham Foc iat December 31, 2021: (Click the icon to view the accounti) Stockholders' equity Read the requirements: Total assets \begin{tabular}{l|l} Total current assets \\ Total current liabilities \end{tabular}= Leverage ratio Now, select the formula for the debt rall Total liabilities saculate the dobt ratio. (Round your answet to two decimal piaces. ) Evaluale the hoolth of the compacy trom a leverage polit of view. What ather information would be heipha in making your evalaation? (RRound the ratio to fiws decimal places.) The companys debt rato and leverage tatios are , and operaieg inoome covere imereit poyments ty 5mes. With this lirnted information, the campany appeins to te ritk from a ieveroge point of view Would aivo be helpti. The accounting records of Brigham Foods, Inc., include the following items at December 31, 2021: (Click the icon to view the accounting records.) Read the requirements. Now, select the formula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to two decimal places.) =Debtratio= Evaluate the health of the company from a leverage point of view. What other information would be helpful in making your evaluation? (Round the ratil decimal places.) The company's debt ratio and leverage ratios are , and operating income covers interest payments by times. With this limited information, the company appears risk from a leverage point of view. also be helpful. The acoounting records of Brigham Foods, Inc., include the following iems at Docember 31, 2021: (Click the ioon to wiow the acocunting records.) Read the reguedements. The acoounting records of Brigham Foods, Inc., include the lollowing items at December 31, 2021: (Click the icon to view the accounting records.) Read the reguirements Now, select the focmula for the debt ratio. Then complete the formula and calculate the debt ratio. (Round your answer to teo decimal places.) Debe rato Evaluate the health of the compeny trom a leverage point of vew. What other information would be helptul in making your evaluation? (Round the rato to two decimal places) The company's debt ratio and leverage ratios are and operasing inoore covers interest payments by times. With this limated information, the compary appears to be risk trom a leverage point of vew fwoud abso be hotptul