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Assets Current assets $100,000.00 Non-current assets$1,900,000.00 Total assets $2,000,000.00 Liabilities and Owners' Equity Current liabilities $80,000.00 Long-term debt $920,000.00 Total liabilities $1,000,000.00 Owners equity $1,000,000.00
Assets Current assets $100,000.00 Non-current assets$1,900,000.00 Total assets $2,000,000.00 Liabilities and Owners' Equity Current liabilities $80,000.00 Long-term debt $920,000.00 Total liabilities $1,000,000.00 Owners equity $1,000,000.00 Total liabilities and owners' equity $2,000,000.00 a. What is the current ratio for the Horizan Swimming Club? b. What is the debt/equity ratio for the club
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