Question: please help! Ratio Analysis Presented below are summary financial data from the Jackson Co. annual report: Ratio Analysis Presented below are summary financial data from
please help!
Ratio Analysis Presented below are summary financial data from the Jackson Co. annual report:
Ratio Analysis Presented below are summary financial data from the Jackson Co. annual report: Amounts in millions Balance Sheet Cash and Cash Equivalents Marketable Securities Accounts Receivable (net) Total Current Assets Total Assets $3,300 22,950 15,000 63,000 232,500 40,000 71,250 119,250 Current Liabilities Long-Term Debt Shareholders' Equity Income Statement Interest Expense Net Income Before Taxes 4,900 55,200 Calculate the following ratios: (Round to 2 decimal points) a. Times-interest-earned ratio b. Quick ratio c. Current ratio
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