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Using the data given below for Los Pollos Hermanos Corporation, for the year 2014. Please answer the following questions 10, 1I and 12. Current Liabilities:
Using the data given below for Los Pollos Hermanos Corporation, for the year 2014. Please answer the following questions 10, 1I and 12. Current Liabilities: $48 mil Long Term Liabilities: $107.5 mil Stockholder Equity: $22.2 mil Total Assets: $177.7 mil Net Income (after taxes):$2 mil 10. What is the Total Liability of the Los Pollos Hermanos Corporation? A) S125.65 million B) $95 million C) $155.5 million D) $100 million 11. What is the debt ratio of Los Pollos Hermanos Corporation? A) 12.5% B) 47% C) 65.5% D) 87.5% 12. If firm paid $750,000 in dividends in 2014, how much did the firm retain? A) $1.25 million B) $2 million C) $2.75 million D) $925,000
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