Trusillo Corporation's Net Operating Income Last Year Was $103,000; Its

question 186

Essay

Trusillo Corporation's net operating income last year was $103,000; its interest expense was $17,000; its total stockholders' equity was $1,260,000; and its total liabilities were $380,000.
Required:
Compute the following for Year 2:
a. Times interest earned.
b. Debt-to-equity ratio.

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Declaration of War

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Central America

A geographic region in the Americas bordered by Mexico to the north, Colombia to the south, the Caribbean Sea to the east, and the Pacific Ocean to the west.

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