The following selected information (in thousands) is available for Golden Valley Limited: 2024 2023 Total assets...
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The following selected information (in thousands) is available for Golden Valley Limited: 2024 2023 Total assets $3,923 $3,666 Total liabilities 2,165 1,953 Interest expense 15 26 Income tax expense 173 151 Net income 408 378 Cash provided by operating activities 850 576 Net capital expenditures 397 297 Dividends paid on common shares 110 90 (a) Rectangular Snip Calculate all possible solvency ratios for 2024 and 2023. (Round debt to total assets and times interest earned to 1 decimal place e.g. 6.2 or 6.2%. Enter free cash flow amounts in thousands e.g. 525.) The following selected information (in thousands) is available for Golden Valley Limited: 2024 2023 Total assets $3,923 $3,666 Total liabilities 2,165 1,953 Interest expense 15 26 Income tax expense 173 151 Net income 408 378 Cash provided by operating activities 850 576 Net capital expenditures 397 297 Dividends paid on common shares 110 90 (a) Rectangular Snip Calculate all possible solvency ratios for 2024 and 2023. (Round debt to total assets and times interest earned to 1 decimal place e.g. 6.2 or 6.2%. Enter free cash flow amounts in thousands e.g. 525.)
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