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Accounting

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Current Attempt in Progress Pharoah Company provides you with the following balance sheet information as of December 31,2025. In addition, Pharoah reported net income for 2025 of $14,400, income tax expense of $2,880, and interest expense of $1,170. Compute the current ratio and working capital for Pharoah for 2025. (Round current ratio to 2 decimal places, es. 2.75. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses es. (45).) Assume that at the end of 2025, Pharoah used $2,700 cash to pay off $2,700 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, eg. 2.75. Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) Current ratio :1 Working capital Compute the debt to assets ratio and the times interest earned for Pharoah for 2025 . (Round debt to assets ratio to 0 decimal places, eg. 25\% and times interest earned to 1 decimal place, eg. 27.5.) Debt to assets ratio Times interest earned times

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