Question: Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 100 500 Current liabilities Long-term debt $ 60 280 Other liabilities
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: 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.) 8. Debt-equity ratio b. Long-term debt-to-capital ratio C. Net working capital d. Current ratio
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