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Wildhorse Corporation reports the following amounts in its 2020 financial statements: At December 31, 2020...

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Accounting

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Wildhorse Corporation reports the following amounts in its 2020 financial statements: At December 31, 2020 For the Year 2020 $1,100,000 550,000 Total assets Total liabilities Total stockholders' equity Interest expense Income tax expense Net income $ 20,000 136,500 157,500 Compute the December 31, 2020, balance in stockholders' equity. Total stockholders' equitys Compute the debt to assets ratio at December 31, 2020. Debt to assets ratio Compute times interest earned for 2020. (Round answer to 2 decimal places, e.g. 15.25.) Times interest earned ratio times ivacy Policy | 2000-2020 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc

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