Liabilities bonds payable total liabilities

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liabilities: Bonds payable Total liabilities Stockholders' equity: Common stock Additional paid-in capital Total paid- in capital Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $20,000 1,050 $19,300 870 260 20,430 21,050 9.100 30,150 9,100 29,530 2,000 4,000 6,000 51,413 57,413 $ 87,563 2,000 4,000 6,000 39,259 45,259 $ 74, 789
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Weller Corporation Comparative Income Statement and Reconciliation (dollars in thousands) This Year Last Year Sales $76,000 $66,000 Cost of goods sold 36,000 35,000 Gross margin 40,000 31,000 Selling and administrative expenses: Selling expenses 11,500 10,200 Administrative expenses 7,000 6,400 Total selling and administrative expenses 18,500 16,600 Net operating income 21,500 14,400 Interest expense 910 Net income before taxes 20.590 3,490 Income taxes 8,236 5, 396 Net income 12.354 8,094 Dividends to common stockholders 200 375 Net income added to retained earnings 12.154 7,719 Beginning retained earnings 39,259 31,540 Ending retained earnings 413 $39,259 Required: Compute the following financial ratios for this year: 1. Times interest earned ratio. 2. Debt-to-equity ratio. 3. Equity multiplier. (For all requirements, round your answers to 2 decimal places.) 2. Times interest earned ratio Debt-to-equity ratio Equity multiplier 3.
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