Flag this Question Question 23 1 pts Soni Manufacturing reports the following capital structure Current liabilities P100,000 Long term debt 400,000 Deferred income taxes 10,000 Preferred stock 80,000 Common stock 100,000 Premium on common stock 180,000 Retained earnings 170,000 What is the debt ratio Group of answer choices 0 49 0 93 0 48 0 96 Flag this Question Question 24 1 pts Medi Company had the following financial statistics for 2020 Long term debt (average rate of interest rate is 8 ) P400,000 Interest expense 35,000 Net income 48,000 Income tax 46,000 Operating income 107,000 What is the times interest earned for 2020 Group of answer choices 3 3 times 11 4 times 3 1 times 3 7 times Flag this Question Question 25 1 pts Calculador Company reported the following on its income statement Income before taxes P400,000 Income tax expense 100,000 Net income P300,000 An analysis of the income statement revealed that interest expense was P100,000 Calculador Companys times interest earned (TIE) was Group of answer choices 5 times 3 5 times 4 times 3 times

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Question: Flag this Question Question 23 1 pts Soni Manufacturing reports the following capital structure: Current liabilities P100,000 Long-term debt 400,000 Deferred income taxes 10,000 Preferred

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Question 231 pts

Soni Manufacturing reports the following capital structure:

Current liabilities	P100,000
Long-term debt	400,000
Deferred income taxes	10,000
Preferred stock	80,000
Common stock	100,000
Premium on common stock	180,000
Retained earnings	170,000

What is the debt ratio?

Group of answer choices

0.49

0.93

0.48

0.96

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Question 241 pts

Medi Company had the following financial statistics for 2020:

Long-term debt (average rate of interest rate is 8%)	P400,000
Interest expense	35,000
Net income	48,000
Income tax	46,000
Operating income	107,000

What is the times interest earned for 2020?

Group of answer choices

3.3 times

11.4 times

3.1 times

3.7 times

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Question 251 pts

Calculador Company reported the following on its income statement:

Income before taxes	P400,000
Income tax expense	100,000
Net income	P300,000

An analysis of the income statement revealed that interest expense was P100,000.

Calculador Companys times interest earned (TIE) was

Group of answer choices

5 times

3.5 times

4 times

3 times

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