Consider this simplified balance sheet for Geomorph Trading: a. Calculate the ratio of debt to equity. b.

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Consider this simplified balance sheet for Geomorph Trading:


Consider this simplified balance sheet for Geomorph Trading:  .


a. Calculate the ratio of debt to equity.
b. What are Geomorph’s net working capital and total long-term capital? Calculate the ratio of debt to total long-termcapital.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
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Principles of Corporate Finance

ISBN: 978-0077404895

10th Edition

Authors: Richard A. Brealey, Stewart C. Myers, Franklin Allen

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