Balance sheet data for Ramsey Corporation follow. Current assets ............ $ 150,000 Long-term assets (net) ........... 850,000
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Balance sheet data for Ramsey Corporation follow.
Current assets ............ $ 150,000
Long-term assets (net) ........... 850,000
Total assets ............ $1,000,000
Current liabilities ............ $ 84,000
Long-term liabilities .......... 492,000
Total liabilities ............ 576,000
Total stockholders’ equity .......... 424,000
Total liabilities and stockholders’ equity . $1,000,000
Required
Compute the following:
Working capital ________
Current ratio ________
Debt to assets ratio ________
Debt to equity ratio ________
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Working capital Current assets Current liabilities 150000 84000 66000 Curren...View the full answer
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Saud Ur Rehman
Evaluating manufacturing processes by designing and conducting research programs; applying knowledge of product design, fabrication, assembly, tooling, and materials; conferring with equipment vendors; soliciting observations from operators. Developing manufacturing processes by studying product requirements; researching, designing, modifying, and testing manufacturing methods and equipment; conferring with equipment vendors. Keeping equipment operational by coordinating maintenance and repair services; following manufacturer's instructions and established procedures; requesting special service.
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