10. Consider this simplified balance sheet for Geomorph Trading: Current assets $100 $ 60 Current liabilities Long-term...

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10. Consider this simplified balance sheet for Geomorph Trading:

Current assets $100 $ 60 Current liabilities Long-term assets 500 280 Long-term debt 70 Other liabilities 190 Equity

$600 $600

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-term capital.

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Principles Of Corporate Finance

ISBN: 9780071314176

10th Global Edition

Authors: Richard Brealey

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Question Posted: Jul 27, 2024 11:01 AM

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10. Consider this simplified balance sheet for Geomorph Trading: Current assets $100 $ 60 Current liabilities Long-term...

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Principles Of Corporate Finance

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