1. XYZ Corporation had the following: Balance Sheet December 31, 2018 ASSETS Cash Accounts Receivable Inventory Total Current Assets $50,000 80,000 20,000 150,000 Property, Plant and Equipment (net) 200.000 Long Term Investments Goodwill 50,000 100.000 Total Assets $500.000 LIABILITIES AND STOCKHOLDERS' EQUITY $130,000 120,000 Accounts Payable Accrued Expenses Total Current Liabilities Long-Term debt 250.000 150.000 Stockholders' Equity Common Stock Paid-In Capital Retained Earnings 10,000 40,000 50,000 Total Liabilities & Stockholders' Equity $500,000 Required ABC Company is thinking about purchasing XYZ Corporation to merge into operations. You will need to first compute a Debt Assets ratio BEFORE any adjustments AND explain what it means. Then, based solely on the above provided balance sheet numbers and our class discussions, what adjustments or write offs, if any, would you make in valuing XYZ Corporation? If no adjustments need to be made then be sure to clearly state that no adjustments are necessary. Also, IF you made any adjustments then you will need to compute another adjusted Debt/Assets ratio. Your Debt Assets ratio(s) must include a brief discussion of any insights you have