The balance sheet for Walton Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities...

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The balance sheet for Walton 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.) > Answer is complete but not entirely correct. Working capital $ 83,000 Current ratio 1.5 Debt-to-assets ratio 61.2 % Debt-to-equity ratio 157.8 X $241,000 754,000 $995,000 $158,000 451,000 609,000 386,000 $995,000 The balance sheet for Walton 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.) > Answer is complete but not entirely correct. Working capital $ 83,000 Current ratio 1.5 Debt-to-assets ratio 61.2 % Debt-to-equity ratio 157.8 X $241,000 754,000 $995,000 $158,000 451,000 609,000 386,000 $995,000

Answer rating: 100% (QA)

Debt to equity rati... View the full answer