Question

Problem 4 A late penalty of 15% will apply to new answers Intro Use the following information to answer the questions Assets Liabilities and Equity Cash 8.000 Accounts payable 18,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 6,000 Current liabilities 24,000 Inventory 39,000 Long-term debt 95.000 Current assets 55,000 Total liabilities 119,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 30,000 Net fixed assets 114,000 Equity 50,000 Total assets 169,000 Total liab.&equity169,000 The company has 16,000 shares outstanding,each trading at $6.25 Line item Value Sales 81,000 Costs 66,420 Depreciation 2,000 EBIT 12,580 Interest 800 Taxable income 11,780 Taxes 3,887 Net income 7,893 Part1 Attempt 1/10 for 0.85 pts What is the debt-equity ratio (using book values)? 2+decimals Submit

          Problem 4
A late penalty of 15% will apply to new answers
Intro Use the following information to answer the questions
Assets Liabilities and Equity Cash 8.000 Accounts payable 18,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 6,000 Current liabilities 24,000 Inventory 39,000 Long-term debt 95.000 Current assets 55,000 Total liabilities 119,000 Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 30,000 Net fixed assets 114,000 Equity 50,000 Total assets 169,000 Total liab.&equity169,000
The company has 16,000 shares outstanding,each trading at $6.25
Line item Value Sales 81,000 Costs 66,420 Depreciation 2,000 EBIT 12,580 Interest 800 Taxable income 11,780 Taxes 3,887 Net income 7,893
Part1 Attempt 1/10 for 0.85 pts What is the debt-equity ratio (using book values)?
2+decimals
Submit

problem 4 a late penalty of 15 will apply to new answers intro use the following information to answer the questions assets liabilities and equity cash 8000 accounts payable 18000 marketable 66169

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