Question: The balance sheet for Fanning Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained

The balance sheet for Fanning Corporation follows: Current assets Long-term assets (net)

The balance sheet for Fanning Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Working capital Current ratio Required Compute the following. (Round "Ratios" to 1 decimal place.) Debt to assets ratio Debt to equity ratio $230,000 763, 000 $993, 000 $154, 000 456, 000 % 610, 000 383, 000 $993, 000

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