Homework Answers
Total debt to equity ratio:
= Total debt/Total equity
= ($586,800+$799,400)/$1,286,100
= $1,386,200/$1,286,100
= 1.08
Hence, Total debt to equity ratio is 1.08
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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 5,500,000 9.050.000...
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(6) times interest earned
(7) net profit margin
(8) total asset turnover
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