Please show me how to work these problems laptop inc


Please show me how to work these problems Laptop Inc obtained their first loan for $250,000 with an 8% interest rate. Laptop Inc. estimates that they will have net income of $165,000. As a not for profit, they do not pay income taxes. The company has total stockholders’ equity of $425,000.

1. What is Laptop, Inc.’s times interest earned ratio?

2. What is Laptop Inc debt to equity ratio? 

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Financial Accounting: Please show me how to work these problems laptop inc
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