Capital expenditures a. Compute the current ratio and quick ratio for each year. Note: Round answers to two decimal places. 2017 2016 Current ratio Quick ratio 0.85 x 0.5 x (3,414,814) Debt-to-equity ratio Times interest earned ratin 1.07 0.66 x b. Compute the debt-to-equity ratio for 2017 and 2016 and the times-interest-earned ratio for 2017. Note: Round answers to two decimal places. Use a negative sign with your answer, if appropriate. 2016 2017 4.08 x 0x 2,83 c. Compute the cash burn rate for 2017. Note: Round answer to the nearest whole number. Use a negative sign with your answer, if appropriate. $ 2,109 x thousand per day
Capital expenditures a. Compute the current ratio and quick ratio for each year. Note: Round answers to two decimal places. 2017 2016 Current ratio Quick ratio 0.85 x 0.5 x (3,414,814) Debt-to-equity ratio Times interest earned ratin 1.07 0.66 x b. Compute the debt-to-equity ratio for 2017 and 2016 and the times-interest-earned ratio for 2017. Note: Round answers to two decimal places. Use a negative sign with your answer, if appropriate. 2016 2017 4.08 x 0x 2,83 c. Compute the cash burn rate for 2017. Note: Round answer to the nearest whole number. Use a negative sign with your answer, if appropriate. $ 2,109 x thousand per day
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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