In 2016, Natural Selection, a nationwide computer dating service, had $532 million of assets and $216 million of liabilities. Earning before interest and taxes were $136 million, interest expense was $29.5 million, the tax rate was 40 percent, principal repayment requirements were $25.6 million, and annual dividends were 35 cents per share on 22 million shares outstanding. a. Calculate the following for Natural Selection: (Round your answers to 2 decimal places.) Liabilities-to-equity ratio Times-interest-earned ratio Times burden covered

In 2016, Natural Selection, a nationwide computer dating service, had $532 million of assets and $216 million of liabilities. Earning before interest and taxes were $136 million, interest expense was $29.5 million, the tax rate was 40 percent, principal repayment requirements were $25.6 million, and annual dividends were 35 cents per share on 22 million shares outstanding. a. Calculate the following for Natural Selection: (Round your answers to 2 decimal places.) Liabilities-to-equity ratio Times-interest-earned ratio Times burden covered

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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please explain how come you come up with step 3 and Im so confused about the numbers, I'm so sorry I'm not good with math. thank you for your understanding!
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do you not see the solution you provided is the exact one i submitted, it says it's wrong..
Make sure to calculate the NPV correctly! The previous answer was wrong!
1
can you do it again, please, no tables, only formulas, please
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