Q29. Issuance of bonds payable Entity A issued $200,000 bonds and received $200,000 in cash. Prepare a journal entry to record this transaction. A29. Bonds
Q32. Financial leverage How are ROE, ROA and the assets to equity ratio related? A32. (1) Return on equity (ROE) = Return on assets (ROA)
Q31. Assets to equity ratio How is the assets to equity ratio calculated? A31. Assets to equity ratio = Financial leverage ratio = Average total
Q30. Times interest earned ratio How is the times interest earned ratio calculated? A30. Times interest earned ratio = (A) / (B) Where, (A) =
Q29. Long-term debt to assets ratio How is the long-term debt to assets ratio calculated? A29. Long-term debt to assets ratio = Long-term liabilities /
Q28. Debt to assets ratio How is the debt to assets ratio calculated? A28. Debt to assets ratio = Total liabilities / Total assets [Entity