Question: Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 130 530 $ 54 Current liabilities 250 Long-term debt 64 Other liabilities

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 130 530 $ 54 Current liabilities 250 Long-term debt 64 Other liabilities 292 Equity $ 660 $ 660 a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) Debt to equity ratio b-1. What are Geomorph's net working capital and total long-term capital? Net working capital Total long-term capital b-2. Calculate the ratio of debt to total long-term capital. (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
