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what is the times-interest-earned ratio for year 1? INCOME STATEMENT Revenue Cost of goods sold Gross profit Depreciation Other expenses Year 0 4,905 2,776 2.129

what is the times-interest-earned ratio for year 1?
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INCOME STATEMENT Revenue Cost of goods sold Gross profit Depreciation Other expenses Year 0 4,905 2,776 2.129 165 1,183 781 303 Year 1 5,323 2.943 2,380 197 1,410 773 110 Operating income Interest Expense Income before taxes Provision for income taxes 21% 478 100 663 139 Net Income 378 524 BALANCE SHEEET ASSETS Year o Year 1 Cash and marketable securities Short-Term Investments Receivables Inventories Total Current Assets Total Fixed Assets 210 568 563 249 1.590 2.514 191 749 736 278 1.954 2,890 Total assets 4,104 4,844 LIABILITIES AND EQUITY Notes Payable Accounts payable Accruals 250 115 451 363 177 591 Total current liabilities Total non-current liabilities 816 1.446 1.131 1.410 Total liabilities 2,262 2,541 709 Common stock and additional paid in capital Retained earnings 615 1.227 1,594 Total stockholders' equity 1.842 2303 Total liabilities and stockholders' equity 4,100 4,844 Diluted no. of shares Stock price WACC Dividend & repurchases per share 99.60 76 89.58 114 7.0% 175 $

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