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ABC have the following year end information.. ABC have the following year end information about their Balance Sheet: Each answer is worth 5 points Cash

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ABC have the following year end information about their Balance Sheet: Each answer is worth 5 points Cash and Savings: $37,500 Inventory: $7,550 Accounts Payable: $27,000 Mortgage and other Long-Term debt $12,500 Equity (Capital \& Retained Earnings) $5,550 1. Calculate: 2. Current Ratio 3. Quick Ratio 4. Working Capital 5. Debt to Equity Ratio: Evaluate if the Debt to Equity Ratio is a good financial indication or not. Why

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