Please do not give solution in image format thanku Recent financial statement data for Harmony Health Foods (HHF) Incorporated is shown below.Current liabilities10% Bonds, long-termTotal liabilities$ 189370559Income before interest and taxesInterest expenseIncome before taxIncome taxNet incomeShareholders' equityCommon stockRetained earningsTotal shareholders' equityTotal liabilities and equityHHF's times interest earned ratio is:213298511$ 1,070$123378620$.66

The TIE ratio, alternatively referred to as the Interest Coverage Ratio, is a financial indicator…

Answered: Recent financial statement data for…

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter14: Long-term Liabilities: Bonds And Notes

Section: Chapter Questions

Problem 1PEA

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Given the following information interest income 3500, interest expense 2700, total assets 14000, 12 security losses or gain (75), earning assets 6781. total liabilities 9005, tax 30 percent, shares of common stock outstanding 3444, non-interest income 80, non-interest expense 130 and O ?provision for loan losses 120. what is the ROE
Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets Net income 21600 44900 Stockholders' Current liabilities 9800 67000 equity Average assets 140000 Total liabilities 27600 Total assets 92600 Average common shares outstanding was 18000. O 40.7 percent O 32.2 percent O 19.7 percent O 29.8 percent
Help calculating the following ratios: return on equity current ratio quick ratio debt-to-equity times interest earned
Deacon Corporation has provided the following financial data from its balance sheet and income statement: Total assets Total liabilities Total stockholders' equity Net operating income (income before interest and taxes) Interest expense The company's debt-to-equity ratio at the end of Year 2 is closest to: Multiple Choice O C 0.61 0.42 073 Year 2 $ 1,265,000 $ 532,000 $ 733,000 $ 68,739 $ 25,000 Year 1 $ 1,232,900 $ 460,900 $ 772,000
Total debt to total assets% ratio: ?? Round your answer to the nearest hundredth percent Return on equity% ratio: ?? Round your answer to the nearest hundredth percent Asset turnover ratio: ?? Round your answer to the nearest cent
View Policies Current Attempt in Progress Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $31500 Net income $41100 Stockholders' Current liabilities 15400 79400 equity Average assets 162500 Total liabilities 42300 Total assets 114000 Average common shares outstanding was 15500. 37 percent O 70 percent O 15 percent O 28 percent Attempts: 0 of 1 used Save for Later
Vishnu
What is the debt ratio? What is the equity-debt ratio? (Equity/Total Debt) What is the debt to equity ratio?
The following data were abstracted from the records of Johnson Corporation for the year: Sales P1,800,000 Bond interest expense 60,000 Income taxes 300,000 Net income 400,000 How many times was bond interest earned? Group of answer choices 11.67 13.67 7.67 12.67
Comment on the movements in the ratios over two years and adequacy of the level of gearing and interest cover For 2021: Total Debt = $m 9,194 Stockholders' Equity = $m 5,000 Gearing Ratio = Total Debt ÷ Stockholders' Equity = $m 9,194 ÷ $m 5,000 = 1.84 EBIT = $m 2,500 ( $m 2,400 + $m 100) Interest expense / Finance costs = $m 400 Interest Coverage Ratio = EBIT ÷ Interest expense /Finance costs = $m 2,500 ÷ $m 400 = 6.25 For 2022 : Total Debt = $m 8,685 Stockholders' Equity = $m 5,045 Gearing Ratio = Total Debt ÷ Stockholders' Equity = $m 8,685 ÷ $m 5,045 = 1.72 EBIT = $m 1,730 ( $m 1,700 + $m 30) Interest expense / Finance costs = $m 580 Interest Coverage Ratio = EBIT = Interest expense /Finance costs = $m 1,730 ÷ $m 580 = 2.98
Given the following information, what is the ratio of liabilities to stockholders’ equity?
For Financial year 2021: Current ratio = Current assets / Current liabilities = 43.133 / 29.613 = 1.46 (2.d.p) Debt-to-equity = Total liabilities / Total equity = (29.613 + 25.382) / 47.069 = 1.17 (2.d.p) Return on total assets = Net profit / Average total assets = (-11.195) / 101.964 = -0.11 (2.d.p) Profit margin ratio = Net profit / Net sales = (-11.195) / 81.79 = -0.14 (2.d.p) Debt-to-asset = Total liabilities / Total assets = (29.613 + 25.382) / 101.964 = 0.54 (2.d.p) Cash flow on total assets = Net cash flow from operating activities / Average total assets = 4.717 / 101.964 = 0.05 (2.d.p) For Financial year 2022: Current ratio = Current assets / Current liabilities = 49.476 / 32.754 = 1.51 (2.d.p) Debt-to-equity = Total liabilities / Total equity = (32.754 + 27.625) / 46.732 = 1.29 (2.d.p) Return on total assets = Net profit / Average total assets = (-0.336) / 107.111 = -0.003 (3.d.p) Profit margin ratio = Net profit / Net sales = (-0.336) / 115.56 = -0.003 (3.d.p) Debt-to-asset…

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