A corporations has provided the following data from its most recent income statement: Net operating income $87,500 Interest expense $35,000 Income taxes $16,000 Net income $36,000 The times earned ratio is closest to A. 2.49 B. 3.55 C. 1.03 d. 1.49
commpany reported the following information for 2010 Sales $800,000 average Operating assets $300,000 Desired ROI 12% Net income $50,000. What is the company's residual income for 2010?
Total current assets are $390,000, its noncurrent assets are $500,000, its total current liabilities are $330,000, its long-term liabilities are $370,000, and its stockholders' equity is $190,000. Working capital is ?