accounting homework
2009 | 2008 | |
Cash . . . . . . . . . . . . . . . . . . . . . . . . | $ 50,000 | $ 47,000 |
Short-term investments . . . . . . . . . | 27,000 | — |
Net receivables . . . . . . . . . . . . . . . | 116,000 | 108,000 |
Inventory . . . . . . . . . . . . . . . . . . . . . | 237,000 | 252,000 |
Total assets . . . . . . . . . . . . . . . . . . | 525,000 | 460,000 |
Total current liabilities . . . . . . . . . . | 265,000 | 182,000 |
Long-term note payable . . . . . . . . . | 38,000 | 52,000 |
Income from operations . . . . . . . . . | 155,000 | 168,000 |
Interest expense . . . . . . . . . . . . . . . | 40,000 | 39,000 |
what is the debit ratio? how to get the answer
what is the times interest earned? how to get the answer?
9 years ago
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