Please show work when calculating ratios! Consolidated SW Inc. Financials Income Statement Balance...

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Finance

Please show work when calculating ratios!

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Consolidated SW Inc. Financials Income Statement Balance Sheet 2016 2017 2017 20,800 20,767 416 Net sales Cost of good sold Depreciation 16,848 18,167 566 1,872 1,870 705 EBIT 2,080 730 1,687 Interest expense 50 56 3,721 Tax (30%) 609 203 5,408 Assets 2016 Cash and 416 securities Accounts 572 receivable Inventories 728 Total current 1,716 assets Net fixed assets 3,484 Total assets 5,200 Liabilities and Owners' Equity Accounts payable 208 Short-term notes Total current 624 liabilities Long-term debt 412 Common stock 1,207 Retained earnings 2,957 Net Income 1,421 471 208 416 468 676 465 1,085 3,182 Total liabilities and owners' equity 5,200 5,408 Financial statements for SW Inc. are presented above. Calculate the most recent debt and cash-coverage ratios and, if the industry debt ratio is 0.18 and cash-coverage ratio is 59.89, how does it compare with their overall competition? O SW inc has relatively more debt and a greater ability to cover its interest obligations. SW Inc has the same level of debt and a lower ability to cover its interest obligations. O SW inc has relatively less debt and a greater ability to cover its interest obligations. O SW inc has relatively less debt and a lower ability to cover its interest obligations. O SW Inc has the same level of debt and a greater ability to cover its interest obligations

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