Following is the statement of financial position for Kowalski Company in Warsaw, Poland, as of December 31, 2019 (currency in Polish złaty [‘z-wo-tee’], zł): Non-current assets zł 242,000 Equity zł 107,000 Current assets 105,000 Non-current liabilities 160,000 ________ Current liabilities 80,000 Total assets zł 347,000 Total equity and liabilities zł 347,000 In addition, Kowalski reported net income for 2019 of zł 140,000, income tax expense of zł 28,000, and interest expense of zł 9,000. Instructions: A. Compute the debt ratio for Kowalski for 2019. B. Compute the times interest earned for Kowalski for 2019. * Use ‘zl’ if you have difficulty in typing in ‘zł’.

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.