Times-Interest-Earned Ratio, Debt Ratio, Debt-to-Equity Ratio Juroe Company provided the following income statement for last...
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Times-Interest-Earned Ratio, Debt Ratio, Debt-to-Equity Ratio Juroe Company provided the following income statement for last year: Juroe's balance sheet as of December 31 last year showed total liabilities of $2,510,000, total equity of $9,460,000, and total assets of $11,970,000. Required: Round answers to two decimal places. 1. Calculate the times-interest-earned ratio. times 2. Calculate the debt ratio. 3. Calculate the debt-to-equity ratio
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