The balance sheet for Jordan Corporation follows Current assets $ 754,000 Long term assets (net) 992,000 Total assets $ 157,000 Current liabilities $ 152,000 Long term liabilities 454,000 Total liabilities 606,000 Common stock and retained earnings 396,000 Total liabilities and stockholders equity ...

Jordan Corporath a Working Capital Current Assets ...

The balance sheet for Jordan Corporation follows: Current assets $ 754,000 Long-term assets (net) 992,000 Total assets

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Question:

The balance sheet for Jordan Corporation follows:


Current assets	$	754,000
Long-term assets (net)		992,000
Total assets	$	157,000
Current liabilities	$	152,000
Long-term liabilities		454,000
Total liabilities		606,000
Common stock and retained earnings		396,000
Total liabilities and stockholders’ equity	$	1,002,000

Required

Compute the following. (Round "Ratios" to 1 decimal place.)

Working capital

Current ratio

Debt to assets ratio %

Debt to equity

Related Book For answer-question

Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Posted Date: May 26, 2022 08:38 AM

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The balance sheet for Jordan Corporation follows: Current assets $ 754,000 Long-term assets (net) 992,000 Total assets

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Fundamentals of corporate finance

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