ABC Co. financial data for 2020 & 2019 are given below: Total Assets Total Liabilities Cash Interest-bearing Debt Net Income Interest Expense Tax Expense Depreciation Expense Debt to Equity Ratio Interest Coverage Ratio 2020 2020 $925,000 667,000 36,000 527,000 169,000 9,500 21,000 44,500 2019 times $915,000 527,000 45,000 371,000 127,000 Calculate the debt to equity ratio and the interest coverage ratio using the select financial data provided above for 2019 & 20 (Round answers to 2 decimal places, e.g. 15.25.) 5,900 18,600 38,500 2019 times

ABC Co. financial data for 2020 & 2019 are given below: Total Assets Total Liabilities Cash Interest-bearing Debt Net Income Interest Expense Tax Expense Depreciation Expense Debt to Equity Ratio Interest Coverage Ratio 2020 2020 $925,000 667,000 36,000 527,000 169,000 9,500 21,000 44,500 2019 times $915,000 527,000 45,000 371,000 127,000 Calculate the debt to equity ratio and the interest coverage ratio using the select financial data provided above for 2019 & 20 (Round answers to 2 decimal places, e.g. 15.25.) 5,900 18,600 38,500 2019 times

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 4MC: Calculate the 2019 debt ratio, liabilities-to-assets ratio, times-interest-earned ratio, and EBITDA...

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