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2) A company reports total assets of $850,000 and stockholders' equity of $500,000. Calculate the debt ratio. 3) Extracts from the balance sheet of Atlantis

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2) A company reports total assets of $850,000 and stockholders' equity of $500,000. Calculate the debt ratio. 3) Extracts from the balance sheet of Atlantis Inc. are as follows: 2018 1 Assets Current Assets: Cash and Cash Equivalents Accounts Receivable, Net Merchandise Inventory Total Current Assets Long-term Investments Property, Plant, and Equipment, Net Total Assets Total Current Liabilities $30,000 65,000 50,000 $145,000 150,000 250,000 $545.000 $150,000 Compute the acid test ratio

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