Sandhill's financial statements contained the following selected data (in millions). Current assets Total assets Current liabilities...

 

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Sandhill's financial statements contained the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Interest expense . Income tax expense Net income $6,400.0 35,000.0 8,000.0 15.050.0 $500.0 1,300.0 3,000.0 Compute the following values. (Round current ratio and times interest earned to 2 decimal places, eg. 6 to 0 decimal places, e.g. 25%) (a) (b) Current Ratio. Debt to assets ratio. Times interest earned. :1 % times Sandhill's financial statements contained the following selected data (in millions). Current assets Total assets Current liabilities Total liabilities Interest expense . Income tax expense Net income $6,400.0 35,000.0 8,000.0 15.050.0 $500.0 1,300.0 3,000.0 Compute the following values. (Round current ratio and times interest earned to 2 decimal places, eg. 6 to 0 decimal places, e.g. 25%) (a) (b) Current Ratio. Debt to assets ratio. Times interest earned. :1 % times

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a Current Ratio Current Ratio Current Assets Current L... View the full answer