Help 11,12,13 11The data below are for Evie Company.Total assets$10,000Income before interest and taxes1,000Total liabilities5,500Total equity4,500Interest expense400Sales15,000Cost of goods sold9,000Accounts payable1,200Accounts receivable1,500What is Evie Company's TIMES INTEREST EARNED RATIO?O.0.04O 15.00O 0.40O 0.07O 2.5012The data below are for Skye Company.Total assets$10,000Income tax expense1,000Accounts receivable2,500Total equity6,500Interest expense400Sales15,000Cost of goods sold9,000Accounts payable1,200Net income1,500What is Evie Company's DEBT-TO-EQUITY RATIO?O 0.54O 1.22O 0.80O 0.45O 0.6013 You owe $300,000 on a mortgage loan. The loan is to be repaid in equal payments at the end of Aeach MONTH for the next 30 years. The interest rate on the loan is 4.35%, compounded monthly.What is the amount of each of the monthly mortgage payments?O $1,493.44O $1,087.50O $1,507.81O $9,046.89O $13,050.00

As posted multiple independent questions we are answering only first question kindly repost the…

Answered: The data below are for Evie Company.…

The data below are for Evie Company. Total assets $10,000 Income before interest and taxes 1,000 Total liabilities 5,500 Total equity 4,500 Interest expense 400 Sales 15,000 Cost of goods sold 9,000

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 6MCQ

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Question

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Help 11,12,13

11
The data below are for Evie Company.
Total assets
$10,000
Income before interest and taxes
1,000
Total liabilities
5,500
Total equity
4,500
Interest expense
400
Sales
15,000
Cost of goods sold
9,000
Accounts payable
1,200
Accounts receivable
1,500
What is Evie Company's TIMES INTEREST EARNED RATIO?
O.0.04
O 15.00
O 0.40
O 0.07
O 2.50
12
The data below are for Skye Company.
Total assets
$10,000
Income tax expense
1,000
Accounts receivable
2,500
Total equity
6,500
Interest expense
400
Sales
15,000
Cost of goods sold
9,000
Accounts payable
1,200
Net income
1,500
What is Evie Company's DEBT-TO-EQUITY RATIO?
O 0.54
O 1.22
O 0.80
O 0.45
O 0.60
13 You owe $300,000 on a mortgage loan. The loan is to be repaid in equal payments at the end of A
each MONTH for the next 30 years. The interest rate on the loan is 4.35%, compounded monthly.
What is the amount of each of the monthly mortgage payments?
O $1,493.44
O $1,087.50
O $1,507.81
O $9,046.89
O $13,050.00

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