Question: Directions: Compute the following ratios based on the information below Current Assets $850,000 Long-Term Assets(net) 2,200,000 Total Assets $3,050,000 Current Liabilities $650,000 Long-Term Liabilities 1,500,000
Directions: Compute the following ratios based on the information below Current Assets $850,000 Long-Term Assets(net) 2,200,000 Total Assets $3,050,000 Current Liabilities $650,000 Long-Term Liabilities 1,500,000 Total Liabilities 2,150,000 Common Stock and Retained Earnings 900,000 Total Liabilities and Stockholders' equity $3,050,000 Working Capital Current Ratio Debt to Assets Ratio Debt to Equity Ratio
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