Current Attempt in Progress The following selected information (in thousands) is available for Carla Vista Inc.: Total assets Total liabilities Interest expense Income tax expense Profit for the year Cash provided by operating activities Cash used by investing activities (a) Debt to total assets Free cash flow Interest coverage 2024 $ $3,885 2,175 31 177 400 910 468 2023 2024 $3,734 1,961 19 Calculate the following solvency ratios of Carla Vista Inc. for 2024 and 2023. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%. Enter amounts in thousands.) 146 382 570 309 times $ 2023 % times
Current Attempt in Progress The following selected information (in thousands) is available for Carla Vista Inc.: Total assets Total liabilities Interest expense Income tax expense Profit for the year Cash provided by operating activities Cash used by investing activities (a) Debt to total assets Free cash flow Interest coverage 2024 $ $3,885 2,175 31 177 400 910 468 2023 2024 $3,734 1,961 19 Calculate the following solvency ratios of Carla Vista Inc. for 2024 and 2023. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%. Enter amounts in thousands.) 146 382 570 309 times $ 2023 % times
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Vipul k

Transcribed Image Text:Current Attempt in Progress
The following selected information (in thousands) is available for Carla Vista Inc.:
Total assets
Total liabilities
Interest expense
Income tax expense
Profit for the year
Cash provided by operating activities
Cash used by investing activities
(a)
Debt to total assets
Free cash flow
Interest coverage
2024
$
$3,885
2,175
31
177
400
910
468
2023
2024
$3,734
1,961
19
Calculate the following solvency ratios of Carla Vista Inc. for 2024 and 2023. (Round debt to total assets and interest coverage
answers to 1 decimal place, e.g. 52.7 or 52.7%. Enter amounts in thousands.)
146
382
570
309
times
$
2023
%
times
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