Use the information above to calculate the following ratios for both years: (Round answers to...
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Accounting
Use the information above to calculate the following ratios for both years: (Round answers to 1 decimal place, e.g. 12.5 or 12.5%.) (1) (2) (3) (4) (5) Return on assets Return on common stockholders' equity Payout ratio Debt to assets ratio Times interest earned 2025 14 1.9 38 41 % % % % times 2024 13.5 13.2 % 16 % 40 % % times
Ayayai Company manufactures backpacks. During 2025, Ayayai issued bonds at 10% interest and used the cash proceeds to purchase treasury stock. The following financial information is available for Ayayai Company for the years 2025 and 2024. (a) Use the information above to calculate the following ratios for both years: (Round answers to 1 decimal place, e.g. 12.5 or 12.5%.) se the information above to calculate the following ratios for both years: (Round answers to 1 decimal place, e.g. 12.5 or 12.5%.)
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