Question: Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 120 520 $ 56 Current liabilities 260 Long-term debt 66 Other liabilities

Consider this simplified balance sheet for Geomorph Trading: Current assets Long-term assets $ 120 520 $ 56 Current liabilities 260 Long-term debt 66 Other liabilities 258 Equity $ 640 $ 640 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.) Debt to total long-term capital If Microcharge's customers take on average 85 days to pay their bills. What is its receivables turnover? Assume a 365-day year. (Round your answer to 3 decimal places.) Receivables tumover
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
