ANSWER QUESTIONS FOR YEAR 2008 AND 2009

What NWC to TA ratio?

What is the Debt/Equity ratio?

What is the Total Debt Ratio?

What is the LT Debt Ratio?

Assets 2008 2009 2009 Current assets Cash Accounts receivable Inventory Total $ 10,200 27,750 63,000 $ 100,950 $ 10,100 28,150 63,700 $ 101,950 Liabilities and Owners' Equity 2008 Current liabilities Accounts payable $ 73,500 Notes payable 47,500 Total $ 121,000 Long-term debt $ 55,800 Owners' equity Common stock and paid-in surplus $ 85,000 Retained earnings 170,150 Total $ 255,150 Total liabilities and $ 431,950 owners' equity $ 63,000 49,250 $ 112,250 $ 63,900 Fixed assets Net plant and equipment Total assets $ 331,000 $343,000 $ 444 950 $ 85.000 183,800 $ 268,800 $444,950 $ 431,950