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A company has the following balance sheet: Current assets: $100,000 Fixed assets: $300,000 Current liabilities: $50,000 Long-term liabilities: $200,000 Calculate the following financial ratios: Current
A company has the following balance sheet:
- Current assets: $100,000
- Fixed assets: $300,000
- Current liabilities: $50,000
- Long-term liabilities: $200,000
Calculate the following financial ratios:
- Current Ratio
- Debt-to-Equity Ratio
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Advanced Accounting
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
11th edition
538480289, 978-0538480284
