11 and 12

1 11 The data below are for Evie Company. Total assets $10,000 Income before interest and taxes 1,000 Total liabilities Total equity 5,500 Interest expense 4,500 400 Sales 15,000 Cost of goods sold Accounts payable 9,000 1,200 Accounts receivable 1,500 What is Evie Company's DEBT RATIO? 55.0% 0 60.0% 280.096 E 45.00 22.04 12 The data below are for Skye Company. Total assets $10,000 Income tax expense 1,000 Accounts receivable 2,500 Total equity 6,500 Interest expense 400 Sales 15,000 Cost of goods sold Accounts payable 9,000 1,200 Net income 1,500 ho What is Evie Company's TIMES INTEREST EARNED RATIO? 3 6.25 3.75 m 5.25 2. 7.25 4.75