Question: Consider this simplified balance sheet for Geomorph Trading: Current assets $ 180 Current liabilities $ 100 Long-term assets 580 Long-term debt 240 Other liabilities 150
Consider this simplified balance sheet for Geomorph Trading: Current assets $ 180 Current liabilities $ 100 Long-term assets 580 Long-term debt 240 Other liabilities 150 Equity 270 $ 760 $ 760 Required: What is the companys debt-equity ratio? Note: Round your answer to 2 decimal places. What is the ratio of total long-term debt to total long-term capital? Note: Round your answer to 2 decimal places. What is its net working capital? What is its current ratio? Note: Round your answer to 2 decimal places
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
