Question: Liabilities and Owners Equity 2022 2022 Current assets Current liabilities Cash $ 24,255 Accounts payable $ 27,420 Accounts receivable 15,235 Notes payable 10,800 Inventory 27,155

Liabilities and Owners Equity 2022 2022 Current assets Current liabilities Cash $ 24,255 Accounts payable $ 27,420 Accounts receivable 15,235 Notes payable 10,800 Inventory 27,155 Other 15,553 Total $ 66,645 Total $ 53,773 Long-term debt $ 95,000 Fixed assets Owners equity Net plant and equipment $ 365,734 Common stock and paid-in surplus $ 40,000 Retained earnings 243,606 Total $ 283,606 Total assets $ 432,379 Total liabilities and owners equity $ 432,379 GOLF CANADA CORP. 2022 Statement of Comprehensive Income Sales $ 366,996 Cost of goods sold 253,122 Depreciation 32,220 Earnings before interest and taxes $ 81,654 Interest paid 14,300 Taxable income $ 67,354 Taxes (35%) 23,574 Net income $ 43,780 Dividends $ 20,000 Additions to retained earnings 23,780 Golf Canada Corp. has 25,000 shares of common stock outstanding, and the market price for a share of stock at the end of 2022 was $43. (Show your calculation in handwritten and upload in one attachment) A. What is the priceearnings ratio? B. What are the Debt Equity Ratio? C. Calculate ROE for the year 2022? D. Calculate ROA for the year 2022? E. Calculate Interest coverage ratio for the year 2022?

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