If your current ratio is 2 and your current assets are $600,000 what is the amount of your current liabilities?

If your debt to equity ratio is 1.5 and your total liabilities are $200,000 what is your total stockholders' equity?

If your return on sales is 8% and your net income is $2,000,000, how much sales did you generate during the year?

Answer rating: 100% (QA)

1 We can use the formula for the current ratio Current Ratio Current Assets Current Liabilities We a... View the full answer