Current Attempt in Progress The following selected information (in thousands) is available for Carla Vista Inc.: Total assets Total liabilities Interest expense Income tax expense Profit for the year Cash provided by operating activities Cash used by investing activities (a) Debt to total assets Free cash flow Interest coverage 2024 $ $3,885 2,175 31 177 400 910 468 2023 2024 $3,734 1,961 19 Calculate the following solvency ratios of Carla Vista Inc. for 2024 and 2023. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%. Enter amounts in thousands.) 146 382 570 309 times $ 2023 % times

Current Attempt in Progress The following selected information (in thousands) is available for Carla Vista Inc.: Total assets Total liabilities Interest expense Income tax expense Profit for the year Cash provided by operating activities Cash used by investing activities (a) Debt to total assets Free cash flow Interest coverage 2024 $ $3,885 2,175 31 177 400 910 468 2023 2024 $3,734 1,961 19 Calculate the following solvency ratios of Carla Vista Inc. for 2024 and 2023. (Round debt to total assets and interest coverage answers to 1 decimal place, e.g. 52.7 or 52.7%. Enter amounts in thousands.) 146 382 570 309 times $ 2023 % times

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter9: Long-term Liabilities

Section: Chapter Questions

Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and...

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