Current ratio and times interest earned ratio

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You are examining Salem Inc. which is a Healthcare Organization. You have examined the 2017 annual report of the organization. Here is the following financial information you have in front of you. Patient Revenue $10,000,000 Interest Expense $5,000 Net Fixed Assets $5,000,000 Current Assets $800,000 Current Liabilities $300,000 Net Accounts Receivable $100,000 Accumulated Depreciation $90,000 EBIT $25,000 Total Debt $2,000,000 Net Income (revenues-expenses) $200,000 Total Equity $3,000,000 Depreciation Expense $20,000 Based upon this information calculate: A) Current Ratio B) Times Interest Earned Ratio C) Fixed Asset Turnover D) Debt to Equity Ratio E) Total Margin Ratio F) Return on Net Assets Ratio G) Average Age of Plant Please include calculations, I must have them to understand how the problem was solved.

Reference no: EM131990020

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