Question: Balance sheet data for the Beech Corporation follows. Current assets.......................................................... $ 80,000 Long-term assets (net)................................................. 320,000 Total assets............................................................. $400,000 Current liabilities...................................................... $ 36,000 Long-term liabilities....................................................144,000
Balance sheet data for the Beech Corporation follows.
Current assets.......................................................... $ 80,000
Long-term assets (net)................................................. 320,000
Total assets............................................................. $400,000
Current liabilities...................................................... $ 36,000
Long-term liabilities....................................................144,000
Total liabilities......................................................... 180,000
Common stock and retained earnings.................................220,000
Total liabilities and stockholders' equity........................... $ 400,00
Required
Compute the following and round computations to one decimal point.
a. Working capital
b. Current ratio
c. Debt to assets ratio
d. Debt to equity ratio
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