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Business, 10.03.2020 01:29 soliseric879
For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900, and additions to retained earnings of $74,300. The firm currently has 21,500 shares of common stock outstanding and the previous year’s dividends per share were $1.25.
Assuming a 23 % income tax rate, what was the times interest earned ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
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For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depr...
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