![subject](/tpl/images/cats/ekonomika.png)
Business, 27.08.2020 14:01 mcaninch36
Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015Assets Cash $ 36,335 $ 42,472 $ 42,524 Accounts receivable, net 107,459 73,568 56,120 Merchandise inventory 139,163 102,226 60,994 Prepaid expenses 12,179 11,377 4,773 Plant assets, net 333,281 312,096 273,889 Total assets $ 628,417 $ 541,739 $ 438,300 Liabilities and Equity Accounts payable $ 159,605 $ 89,723 $ 59,013 Long-term notes payable secured bymortgages on plant assets 120,505 123,354 94,927 Common stock, $10 par value 162,500 162,500 162,500 Retained earnings 185,807 166,162 121,860 Total liabilities and equity $ 628,417 $ 541,739 $ 438,300 The company’s income statements for the years ended December 31, 2017 and 2016, follow. For Year Ended December 31 2017 2016Sales $ 816,942 $ 644,669 Cost of goods sold $ 498,335 $ 419,035 Other operating expenses 253,252 163,101 Interest expense 13,888 14,827 Income taxes 10,620 9,670 Total costs and expenses 776,095 606,633 Net income $ 40,847 $ 38,036 Earnings per share $ 2.51 $ 2.34 Calculate the company’s long-term risk and capital structure positions at the end of 2017 and 2016 by computing the following ratios.(1) Debt and equity ratios. Debt Ratio 1 Choose Denominator: Choose Numerator: = Debt Ratio Debt ratio 2017: 2016: Equity Ratio Choose Denominator: Choose Numerator: = Equity Ratio Equity ratio 2017: 2016:(2) Debt-to-equity ratio. Debt-To-Equity Ratio 1. Choose Denominator: Choose Numerator: Debt-To-Equity Ratio Debt-to-equity ratio to 1 2017: 2016: - = = = 1 1 to 1(3) Times interest earned. Times Interest Earned 1 Choose Denominator: Choose Numerator: Times Interest Earned Times interest earned times 2017: 2016: times
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:00, risolatziyovudd
%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 23:40, jaycobgarciavis
John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?
Answers: 1
You know the right answer?
Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015Assets Cash $ 36,335 $...
Questions in other subjects:
![Konu](/tpl/images/cats/istoriya.png)
History, 10.10.2020 20:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.10.2020 20:01
![Konu](/tpl/images/cats/fizika.png)
Physics, 10.10.2020 20:01
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.10.2020 20:01
![Konu](/tpl/images/cats/istoriya.png)
History, 10.10.2020 20:01
![Konu](/tpl/images/cats/himiya.png)
Chemistry, 10.10.2020 20:01