Question: Consider this simplified balance sheet for Geomorph Trading: Current assets $ 135 $ 53 Current liabilities Long-term assets 535 245 Long-term debt 63 Other liabilities

Consider this simplified balance sheet for Geomorph Trading:

Current assets $ 135 $ 53 Current liabilities
Long-term assets 535 245 Long-term debt
63 Other liabilities
309 Equity
$ 670 $ 670

Calculate the ratio of debt to equity.

What are Geomorphs net working capital and total long-term capital?

Calculate the ratio of debt to total long-term capital

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