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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

FINANCIAL ACCOUNTING
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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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: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
(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 13°C Partly cloudy
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 13°C Partly cloudy
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