The balance sheet for Perez Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities...
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The balance sheet for Perez 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 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio % Debt to equity ratio $230,000 750,000 $980,000 $155,000 456,000 611,000 369,000 $980,000 The balance sheet for Perez 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 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio % Debt to equity ratio $230,000 750,000 $980,000 $155,000 456,000 611,000 369,000 $980,000
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Working Capital current Assets Current Liability 230000 155000 75000 Current Ratio Cu... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0470507018
7th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
Posted Date:
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