The following selected information (in thousand) is available for Runner Limited: 2018 2017 Total assets $3,884 $3,685
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Question:
The following selected information (in thousand) is available for Runner Limited:
| 2018 | 2017 |
Total assets | $3,884 | $3,685 |
Total liabilities | 2,185 | 1,951 |
Interest Expense | 16 | 234 |
Income tax expense | 176 | 150 |
Net income | 405 | 375 |
Cash provided by operating activities | 858 | 581 |
Net Capital expenditures | 398 | 298 |
Dividends paid on common shares | 103 | 90 |
Calculate all possible solvency rations for 2018 and 2017
Related Book For
Accounting Principles Part 3
ISBN: 978-1118306802
6th Canadian edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
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