Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. Current liabilities...
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Accounting
Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. Current liabilities $ 185 Income before interest and taxes $ 123 10% Bonds, long-term 360 Interest expense 36 Total liabilities 545 Income before tax 87 Shareholders' equity Income tax 28 Capital stock 218 Net income $ 59 Retained earnings 291 Total shareholders' equity 509 Total liabilities and equity $ 1,054 HHF's times interest earned ratio is (Round your answer to two decimal places.): 1.64. 2.42. 3.42. 10.00. None of the above
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