Question: That year, based on the income statement, BearPaws Corp would have been able to pay their interest expense how many times over? Select one: a.
That year, based on the income statement, BearPaws Corp would have been able to pay their interest expense how many times over?
Select one:
a. 9.8
b. 8.8
c. 3.4
d. 231.6
e. .1
Which of the following ratios best represents revenue-generating ability of all of BearPaws Corps Fixed Assets?:
Select one:
a. 3.8
b. 3.0
c. .3
d. 5.0
e. 2.3
BEARPAWS CORPORATION CONSOLIDATED BALANCE SHEETS (IN MILLIONS) YEAR ENDED DECEMBER 31, 2020 ASSETS: LIABILITIES AND N/W: $ $ Cash Accounts Receivable Inventory Prepaid/Other Current Total Current Assets 9,465 6,284 44,435 1,622 61,806 Current Portion LTD Accounts Payable Accrued Expenses Total Current Liabilities 7,666 46,973 23,151 77,790 Bank Debt & Bonds Other LTD Total Liabilities 50,149 27,004 154,943 Net Property and Equipment Intangibles & "other" 105,208 69,481 Common Stock Treasury Stock Retained Earnings Total Net Worth 3,531 - 12,805 90,826 81,552 Total Assets 236,495 Total Liabilities and Net Worth 236,495 INCOME STATEMENT (IN MILLIONS) YEAR ENDED DECEMBER 31, 2020 $ Net Sales Cost of Goods Sold Gross Profit 523,964 394,605 129,359 Operating Expenses Interest Expense 107,301 2,262 Taxes 4,915 Net Income 14,881
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