Question: napter 10 Homework Help Save & Exit Submit The balance sheet for Shaver Corporation reported the following cash, $13.500; short-term investments, $18,500, net accounts receivable.

 napter 10 Homework Help Save & Exit Submit The balance sheet

napter 10 Homework Help Save & Exit Submit The balance sheet for Shaver Corporation reported the following cash, $13.500; short-term investments, $18,500, net accounts receivable. $52.000, inventories. $57,000: prepalds. $18,500, equipment, $111,000; current liabilities. $57,000, notes payable (long- term). $87.000 total stockholders' equity, $126,500; net income, $5,020; interest expense, $7.800; income before income taxes. $10,380 5.66 1. Compute Shaver's debt-to-assets ratio and times interest earned ratio (Round your answers to 2 decimal places.) oflook I Debt-to-Assets Times Interest Earned Ratio 0.70 233

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