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Green Penguin Pencil Company has a total asset turnover ratio of 4.00, net annual sales...

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Green Penguin Pencil Company has a total asset turnover ratio of 4.00, net annual sales of $40,000,000, and operating expenses of $30,000,000 (Induding depreciation and amortization). On its current balance sheet and income statement, respectively, it reported total debt of $4,625,000, on which it pays 7% interest on its outstanding debt. To analyze a company's financial leverage situation, you need to measure the firm's debt management ratios. for Green Penguin Pencil's debt management ratios? (Note: Round your answers to two Based on the preceding information, what are decimal places $1.03 Ratio $46.25 Value Debt ratio 50.86 Times-interest-earned ratio 3 51.20 Green Penguin Pencil Company raises around from creditors for each dollar of equity

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