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Urgent Help Needed Please help The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below. The company's 2024 income statement reported the following amounts
Urgent Help Needed Please help
The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below. The company's 2024 income statement reported the following amounts ( $ in thousands): The company's 2024 income statement reported the following amounts ( $ in thousands): Required: 1. Calculate the current ratio. Note: Round your answer to 2 decimal places. 2. Calculate the acid-test ratio. Note: Round your answer to 3 decimal places. 3. Calculate the debt to equity ratio. Note: Round your answer to 2 decimal places. 4. Calculate the times interest earned ratio. Note: Round your answer to 1 decimal place. The 2024 balance sheet for Hallbrook Industries, Incorporated, is shown below. The company's 2024 income statement reported the following amounts ( $ in thousands): The company's 2024 income statement reported the following amounts ( $ in thousands): Required: 1. Calculate the current ratio. Note: Round your answer to 2 decimal places. 2. Calculate the acid-test ratio. Note: Round your answer to 3 decimal places. 3. Calculate the debt to equity ratio. Note: Round your answer to 2 decimal places. 4. Calculate the times interest earned ratio. Note: Round your answer to 1 decimal placeStep by Step Solution
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