Evaluate the financial ratios based on the following data Current Assets $150 million Current Liabilities $100 million Total Liabilities $250 million Total Assets $500 million Equity $250 million a Calculate the Current Ratio b Determine the Debt to Equity Ratio c Compute the Equity to Assets Ratio d If the company plans to reduce its liabilities by $50 million using cash, what will be the new Current Ratio

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Question: Evaluate the financial ratios based on the following data: Current Assets: $150 million Current Liabilities: $100 million Total Liabilities: $250 million Total Assets: $500 million

Evaluate the financial ratios based on the following data:
- Current Assets: $150 million
- Current Liabilities: $100 million
- Total Liabilities: $250 million
- Total Assets: $500 million
- Equity: $250 million

a. Calculate the Current Ratio. b. Determine the Debt to Equity Ratio. c. Compute the Equity to Assets Ratio. d. If the company plans to reduce its liabilities by $50 million using cash, what will be the new Current Ratio?

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