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Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Net fixed assets 8,000 2,000
Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Net fixed assets 8,000 2,000 4,000 33,000 47,000 34,000 80,000 114,000 161,000 Liabilities and Equity Accounts payable 22,000 Notes payable 6,000 Current liabilities 28,000 Long-term debt 95,000 Total liabilities 123,000 Paid-in capital 20,000 Retained earnings 18,000 Equity 38,000 Total liab. & equity 161,000 Total assets Line item Value Sales 77,000 - Costs 63,140 - Depreciation 2,000 = EBIT 11,860 - Interest 800 = Taxable income 11,060 - Taxes 3,650 Net income 7,410 Part 1 Attempt 1/10 for 10 pts. What is the total debt ratio (including all liabilities)? 2+ decimals Please enter numbers only Submit Part 2 Attempt 1/10 for 10 pts. What is the times-interest-earned ratio? 1+ decimals Submit
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