Question: Required: In 2 0 2 0 , Natural Selection, a nationwide computer dating service, had ( $ 5 0 0 ) million
Required:
In Natural Selection, a nationwide computer dating service, had $ million of assets and $ million of liabilities. Earnings before interest and taxes were $ million, interest expense was $ million, the tax rate was percent, principal repayment requirements were $ million, and annual dividends were cents per share on million shares outstanding.
a Calculate the given ratios for Natural Selection.
Liabilitiestoequity ratio
Timesinterestearned ratio
Times burden covered
b What percentage decline in earnings before interest and taxes could Natural Selection have sustained before failing to cover the given items?
Interest payments requirements
Principal and interest requirements
Principal, interest, and common dividend payments
Note: Round your percentage answer to whole number ie should be considered as
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