Calculate the times interest earned ration and debt ratio

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Question - The president of Rodriguez Inc., has asked you to gather some statistics about his corporation's solvency. You have compiled the following data:

Profit - 900,000

Income Tax rate - 35%

Interest Expense - 100,000

Total Liabilities - 2,048,000

Total Equity - 4,352,000

Using these data, calculate the times Interest earned ration, debt ratio and equity ratio?

Reference no: EM132848720

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