The following financial data relates to Eighteen Corp,which has pledged all of its property,plant and equipment as security for its long-term notes payable: Calculate the following ratios:
(A)Percentage of capital contributed by owners.(Equity ratio.) (
B)Pledged assets to secured liabilities. (
C)Times interest earned.

Question

The following financial data relates to Eighteen Corp,which has pledged all of its property,plant and equipment as security for its long-term notes payable:  Calculate the following ratios:
(A)Percentage of capital contributed by owners.(Equity ratio.) (
B)Pledged assets to secured liabilities. (
C)Times interest earned.

Quizplus · Accepted Answer

The Answer of The following financial data relates to Eighteen Corp,which has pledged all of its property,plant and equipment as security for its long-term notes payable:  Calculate the following ratios:
(A)Percentage of capital contributed by owners.(Equity ratio.) (
B)Pledged assets to secured liabilities. (
C)Times interest earned.

The Following Financial Data Relates to Eighteen Corp,which Has Pledged