Question: Consider this simplified balance sheet for Geomorph Trading: Current assets $ 2 7 5 Current liabilities $ 2 1 0 Long - term assets 6

Consider this simplified balance sheet for Geomorph Trading:
Current assets $ 275 Current liabilities $ 210
Long-term assets 650 Long-term debt 205
Other liabilities 120
Equity 390
$ 925 $ 925
What is the companys debt-equity ratio? (Hint: debt = Current liabilities, Long-term debt, and Other liabilities)
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

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!