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cupoosta [38]
4 years ago
13

The balance sheet for Shaver Corporation reported the following: cash, $10,500; short-term investments, $15,500; net accounts re

ceivable, $46,000; inventories, $51,000; prepaids, $15,500; equipment, $117,000; current liabilities, $51,000; notes payable (long-term), $81,000; total stockholders’ equity, $123,500; net income, $4,420; interest expense, $6,600; income before income taxes, $8,580. Compute Shaver’s debt-to-assets ratio and times interest earned ratio. (Round your answers to 2 decimal places.)
Business
1 answer:
Eduardwww [97]4 years ago
4 0
Add them up and u will get the answer
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