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19. Naphtali Corporation had the following information. Calculate the Equity. Fixed Assets $20,000 Current Liabilities $500 Long-term Debt S10,000 Current Ratio 2.0 20. Asher Corporation

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19. Naphtali Corporation had the following information. Calculate the Equity. Fixed Assets $20,000 Current Liabilities $500 Long-term Debt S10,000 Current Ratio 2.0 20. Asher Corporation had the following information. Calculate the Long-term Debt. Fixed Assets $40,000 Equity $23,000 Current Assets (Includes Inventory) $5,000 Inventory $2,000 Quick Ratio 1.5

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