Question: Consider this simplified balance sheet for Geomorph Trading: Current assets $ 170 Long-term assets570 Current liabilities Long-term debt Other liabilities Equity $ 95 245 140
Consider this simplified balance sheet for Geomorph Trading: Current assets $ 170 Long-term assets570 Current liabilities Long-term debt Other liabilities Equity $ 95 245 140 260 S 740 $ 740 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.) g-term debt ratio c. What is its net working capital? Net working capital d. What is its current ratio? (Round your answer to 2 decimal places.) Current ratio Hints References eBook & Resources Hint#1
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
