Help on Accounting Study Guide ??

Los. How are liabilities reported on the balance sheet? a) Identify if the liability would be classified as a current liability (CL) or a long-term liability (LTL) on the balance sheet. Bonds Payable i) Accounts Payable ii)Mortgage Payable ii)Accounts Payable v) FICA taxes LO6. How do we use the debt to equity ratio to evaluate performance? a) What is the formula for debt to equity ratio? b) If total current liabilities are $10,000, long-term liabilities are $20,000, and total equity in the business is $40,000, what is the debt to equity ratio