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Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown bel

ID: 2351950 • Letter: R

Question

Recent financial statement data for Harmony Health Foods (HHF) Inc. is shown below. Current liabilities $ 198 Income before interest and taxes $ 119 10% Bonds, long-term 370 Interest expense 37 Total liabilities 568 Income before tax 82 Shareholders' equity Income tax 28 Capital stock 214 Net income $ 54 Retained earnings 282 Total shareholders' equity 496 Total liabilities and equity $1,064 HHF's long-term debt to equity ratio equity is (Round your answers to one decimal place.): 0.0%. 134.1%. 172.9%. 74.6%.

Explanation / Answer

74.6%