Question
1) the times interest earned ratio
2) the debt to equity ratio
3) the gross margin percentage
4) the return on total assets (total assets at the beginning of last hear were 13,070,000)
5) the return on equity(stockholders equity at the beginning of last year totaled 7,990,250)
no change in common stock over two years
6) ks the companys financial leverage positive ir negative?
$ 960.000 2,700.000 3.600.000 260.000 7.520.000 9.520.000 $17,040,000 $ 1.200.000 300,000 1.800.000 2.000.000 200.000 5,500,0
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Answer #1

following ratios are calculated! @ The times interest earned ratio - Earning before Interest and tax (EBIT) not ay interestd) The retum as tot al assets Earning before interest and tax CERITA Average total Assets I Average Tutal Asset this year las

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