4. What is the debt to total assets ratio of the Company? a. 107% c. 35% b. 30%. d. 14% 5. What is the times interest earned ratio of the company?a. 5% c. 22% b. 2.5%. d. 2% Total AssetsTotal current liabilitiesTotal liabilitiesIncome beforeincome taxesInterest expense8,500,000.001,200,000.003,000,000.00690,000.00150,000.00 The following information is available for Martin CompanyTotal Current Assets2,800,000.00

One of the useful instruments for analyzing a company's financial statements is the financial ratio.…

Answered: 4. What is the debt to total assets…

4. What is the debt to total assets ratio of the Company? a. 107% c. 35% b. 30%. d. 14% 5. What is the times interest earned ratio of the company? a. 5% c. 22% b. 2.5%. d. 2%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

4. What is the debt to total assets ratio of the Company?
a. 107% c. 35%
b. 30%. d. 14%

5. What is the times interest earned ratio of the company?
a. 5% c. 22%
b. 2.5%. d. 2%

Total Assets
Total current liabilities
Total liabilities
Income before
income taxes
Interest expense
8,500,000.00
1,200,000.00
3,000,000.00
690,000.00
150,000.00

The following information is available for Martin Company
Total Current Assets
2,800,000.00

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