(Answered) Question juroe company provided the following income

Accounting

Question: Juroe Company provided the following income statement for last year:

Juroe's balance sheet as of December 31 last year showed total liabilities of $10,250,000, total equity of $6,150,000, and total assets of $16,400,000.

Times-Interest-Earned Ratio, Debt Ratio, Debt-to-Equity Ratio Refer to the information for Juroe Company above.

Required: 1. Calculate the times-interest-earned ratio.

2. Calculate the debt ratio.

3. Calculate the debt-to-equity ratio.

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