Question: Exercise 9-8 Ratio analysis LO 9-2, 9-3 The balance sheet for Adams Corporation follows: Current assets $ 241,000 Long-term assets (net) 756,000 Total assets $
Exercise 9-8 Ratio analysis LO 9-2, 9-3 The balance sheet for Adams Corporation follows: Current assets $ 241,000 Long-term assets (net) 756,000 Total assets $ 997,000 Current liabilities $ 159,000 Long-term liabilities 454,000 Total liabilities 613,000 Common stock and retained earnings 384,000 Total liabilities and stockholders equity $ 997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio % Debt to equity ratio
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