Question: Problem 2-10 - A In 2016, Natural Selection, a nationwide computer dating service, had $528 million of assets and $214 million of liabilities. Earnings before

Problem 2-10 - A

In 2016, Natural Selection, a nationwide computer dating service, had $528 million of assets and $214 million of liabilities. Earnings before interest and taxes were $134 million, interest expense was $29.5 million, the tax rate was 40 percent, principal repayment requirements were $25.4 million, and annual dividends were 25 cents per share on 22 million shares outstanding.

a. Calculate the following for Natural Selection: (Round your answers to 2 decimal places.)


Liabilities-to-equity ratio
Times-interest-earned ratio
Times burden covered

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