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Business, 11.12.2019 17:31 sierra6816

The balance sheet for shaver corporation reported the following: cash, $10,500; short-term investments, $15,500; net accounts receivable, $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.)

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The balance sheet for shaver corporation reported the following: cash, $10,500; short-term investm...
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