Question: Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets 320 680 Current liabilities Long-term debt Other liabilities Equity $ 270 190 90

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets 320 680 Current liabilities Long-term debt Other liabilities Equity $ 270 190 90 450 $1,000 $1,000 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 Net working capital d. Current ratio C

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!

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 260 640 Current liabilities Long-term debt Other liabilities Equity $ 190 210 130 370 $ 900 $ 900 a....

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 180 580 Current liabilities Long-term debt Other liabilities Equity $ 100 240 150 270 $ 760 $ 760 a....

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 100 500 Current liabilities Long-term debt $ 60 280 Other liabilities Equity 70 190 $ 600 $600 Required:...

Consider this simplified balance sheet for Geomorph Trading Current assets Long-term assets $ 100 500 Current liabilities Long-term debt Other liabilities Equity $ 60 280 70 190 $ 600 $ 600 Required:...

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 190 590 Current liabilities Long-term debt Other liabilities Equity $ 105 235 160 280 $ 780 $ 780 a....

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 305 670 Current liabilities Long-term debt Other liabilities Equity $ 250 195 100 430 $ 975 $ 975 a....

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....

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 200 600 Current liabilities Long-term debt Other liabilities Equity $ 110 230 170 290 $ 800 $ 800 a....

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....

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $120 520 Current liabilities Long-term debt Other liabilities Equity $ 640 a. What is the company's...

Fijian Distributors (FD) is a business carried on by Ranu Bola as a sole proprietorship. For the taxation year ended December 31, 2021, Ranu has determined that her net income for accounting purposes...

1. Modify the "menu.py" script as needed. 1. Give the student a chance to enter a course that they have taken. Use a List. If they select this choice, append the List with this course. 2. Give the...

please put this in a nice and easy to read table for me please and thank you! As a long - term investment at the beginning of the 2 0 2 4 fiscal year, Florists International purchased 2 5 % of...

On 1 March 2007 DB Limited issued R560 000 15% debentures at R98. The debentures were to be redeemed at par in four equal annual payments starting 28 February 2010. Required: Journalise the above...