Homework Answers
A. Working capital = current assets - current liabilities
= 4485 - 2836
= 1,649
B. Current Ratio = current assets / current liabilities
= 4485 / 2836
= 1.58 : 1
C. Debt to assets ratio = debt /total assets
= (total liabilities - current liabilities) / total assets
= (5099 - 2836) / 8875
= 0.255 : 1
D. Times interest earned = EBIT / interest expense
= (245 + 113 + 169) / 169
= 3.19 : 1
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