Question: Based on the information in the above table, calculate the tollowing ratios. 1) Current ratio. 2) Debt ratio Income Statement Balance Sheet and marketable securities

Based on the information in the above table, calculate the tollowing ratios. 1) Current ratio. 2) Debt ratio

Income Statement Balance Sheet and marketable securities unts receivable entories otal current assets ixed assets Less: accum. et fixed assets otal assets iabilities: ccounts able otes able ccrued taxes otal current liabilities -term debt wner's ui sooooo 1415000 1847 00 24 000 3686 00 800 000 1 087 500 7 ss 99000 S600 ooo 875 000 92 ooo Sl 567 OOO 900 ooo 293 ooo etsales all credit : Cost of oods sold Iling and administrative reciation terest before taxes come taxes et income S6 75000 4 75000 | 000 135 000 100000 S765 ooo 306000 S459 otal liabilities and owneds SS 399 000 Based on the information in the above table, calculate the following ratios. l) Current ratio. 2) Debt ratio.

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