The following information is available is available for LaSalle Company:Total current assets₱2,800,000Total noncurrent assets7,200,000Total assets10,000,000Total current liabilities1,300,000Total liabilities3,000,000Income before income taxes621,000Interest expense207,000What is the time interest earned ratio of the company?

The following information is available is available for LaSalle Company:Total current assets₱2,800,000Total noncurrent assets5,000,000Total assets7,800,000Total current liabilities1,300,000Total liabilities3,000,000Income before income taxes690,000Interest expense150,000What is the working capital of LaSalle Company?

The times interest earned ratio is computed by dividing net income by interest expense. Group of answer choicesTrueFalse PreviousNext

A company has a quick ratio of 1.5, current liabilities of Rs. 300,000, and inventory of Rs. 200,000. What are the company’s current assets?Rs. 450000Rs. 400000Rs. 500000Rs. 350000

The following information pertains to LaSalle Company as of December 31, 2024:Accounts receivable₱ 480,000Accounts payable300,000Notes receivable, collectible from customer on 12/31/24250,000Notes payable, payable to the bank on 12/31/24850,000Share dividend distributable75,000Mortgage Payable2,000,000Bonds payable due on 12/31/20303,000,000Accrued interest on bonds payable20,000Accrued salaries expense40,000Unearned rent income17,000Prepaid rent expense7,000Accrued interest income2,000Compute the total current liabilities for December 31, 2024.

Assets Liabilities  Accounts payable 25,000Cash 8, 000 Bank overdrafts 1,500Accounts receivables 10, 000 Long term loans 40,000Inventory 10, 000 Total liabilities 66,500Property, Plant and Equipment 100, 000 Shareholders Equity   Share capital 35,000  Retained earnings 26, 500Total Assets 128, 000 Total Liabilities and SE 128, 000 You have the following information from the balance sheet of Company X as at 30 June 2018.Calculate current ratio.