Question: please answer both Now, let's use the balance sheet and income statement provided for Watkins Inc. to answer the last five questions of the exam.


please answer both
Now, let's use the balance sheet and income statement provided for Watkins Inc. to answer the last five questions of the exam. You will also need Table 3.6 which is in your eBook (or on Blackboard) for the financial statement ratios. First, what is the Times Interest Earned ratio for the year ended December 31, 2021? a. 8.77 b. 6.08 c. 7.29 d. 6.20 QUESTION 27 For Watkins Inc., what is the Profit Margin? a. 14.47% b. 14.32% c. 12.53% d. 12.06% Now, let's use the balance sheet and income statement provided for Watkins Inc. to answer the last five questions of the exam. You will also need Table 3.6 which is in your eBook (or on Blackboard) for the financial statement ratios. First, what is the Times Interest Earned ratio for the year ended December 31, 2021? a. 8.77 b. 6.08 c. 7.29 d. 6.20 QUESTION 27 For Watkins Inc., what is the Profit Margin? a. 14.47% b. 14.32% c. 12.53% d. 12.06%
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