Question: 2 Consider this simplified balance sheet for Geomorph Trading: Current assets 100 Long-term assets 500 Long-term debt $ 60 280 70 190 600 Current liabilities

 2 Consider this simplified balance sheet for Geomorph Trading: Current assets100 Long-term assets 500 Long-term debt $ 60 280 70 190 600

2 Consider this simplified balance sheet for Geomorph Trading: Current assets 100 Long-term assets 500 Long-term debt $ 60 280 70 190 600 Current liabilities Other liabilities Equity 600 a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) Debt-equity ratio b. What is the ratio of long-term debt to total long-term capital? (Round your answer to 2 decimal places.) Long-term debt-to-capital ratio c.What is its net working capital? Net working capital

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!