In 2010 natural selection a nationwide computer dating

Reference no: EM13601078

In 2010, Natural selection, a nationwide computer dating service, had $500 million of assets and $200 million of liabilities. Earnings before interest and taxes were $120 million of liabilities. Earnings before interest and taxes were $120 million, interest expense was $28 million, and the tax rate was 40 percent, principal repayment requirements were $24 million and annual dividends were 30 cents per share on 20 million shares outstanding:
A. calculate:

Natural selections liabilities - to - equity ratio
Times interest earned ratio
Times burden covered

B. What percentage decline in earnings before interest and taxes could natural selection have sustained before failing cover:

Interest payment requirements?
Principal and interest requirements?

• Principal, interest, and common dividend payments?

Reference no: EM13601078

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