Question: Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 275 650 Current liabilities Long-term debt Other liabilities Equity $ 210 205

 Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 275 650 Current liabilities Long-term debt Other liabilities Equity $ 210 205 120 390 $ 925 $ 925 a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round your answer to 2 decimal places.) a. Debt-equity ratio b. Long-term debt-to-capital ratio C. Net working capital d. Current ratio

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!