What is the debt ratio times interest earned


Blue Sky Zone Company has a total has a total asset turnover ratio of 8.5x, net annual sales of 25 million, and operating sales of 11 million (including depriation and amortization). On it's balance sheet and income statement, respectively, it reported a total debt of $1.75 million on which is pays a 11% interest rate.

what is the debt ratio?

Times interest earned ratio?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the debt ratio times interest earned
Reference No:- TGS02752948

Expected delivery within 24 Hours