Calculate all possible solvency ratios for 2021 and 2020. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amou thousands.) Debt to total assets Free cash flow Times interest earned $ 2021 2020 times
Calculate all possible solvency ratios for 2021 and 2020. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amou thousands.) Debt to total assets Free cash flow Times interest earned $ 2021 2020 times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:The following selected information (in thousands) is available for Granger Limited:
Total assets
Type here to
Total liabilities
Interest expense
Income tax expense
Net income
Cash provided by operating activities
Net capital expenditures
Dwidends paid or common shares
E
2021
$3,909
2.155
16
176
407
845
402
110
2020
$3,668
1.942
23
151
379
576
300
90

Transcribed Image Text:(a)
Calculate all possible solvency ratios for 2021 and 2020. (Round answers to 1 decimal place e.g. 6.2. Enter free cash flow amounts in
thousands.)
Debt to total assets
Free cash flow
ype here to search
Times interest earned
eTextbook and Media
$
2021
2020
%
times
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