View Policies Current Attempt in Progress Sunland Company provides you with the following balance sheet information as of December 31, 2017 Current liabilities $13,300 Current assets Long-term assets $12,500 27,700 $40,200 Long-term liabilities 15,100 Total assets Stockholders' equity 11,800 Total liabilities and stockholders' equity $40,200 In addition, Sunland reported net income for 2017 of $15,000, income tax expense of $3,600, and interest expense of $1,200. Compute the current ratio and working capital for Sunland for 2017. (Round current ratio to 2 decimal places, s. 2.75. Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e..(45) Current ratio Working capital $ e Textbook and Media Assume that at the end of 2017, Sunland used $3,100 cash to pay off $3.100 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sin preceding the numberes 45o parentheses e.g. (45).) Assume that at the end of 2017, Sunland used $3,100 cash to pay off $3,100 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, es. 2.75. Enter negative amounts using either a negative sign preceding the numberes. -45 or parentheses es. (451) Current ratio Working capital $ e Textbook and Media Compute the debt to assets ratio and the times interest earned for Sunland for 2017. (Round answers to 2 decimal places, s. 2.75) Debt to assets ratio Times interest earned ratio times e Textbook and Media Attempts: unlimited Save for Later