Assignments: ACCT304 06F22 FUNDAMENTALS OF ACCOUNTING 5 Assignment Seved Check my work mode: This shows what is correct or incorrect for the work The balance sheet for Shankland Corporation follows: Current assets i Long-term assets (net). Total assets Current Liabilities Long-term liabilities Total liabilities Connon stock and retained earnings Total liabilities and stockholders' equity Required $ 600,000 1,900,000 $2,500,000 $ 400,000 1,200,000 1,600,000 900,000 $2,500,000 Compute the following. (Round "Ratios" to 1 decimal place.) Answer is not complete. Working capital $200,000 Current ratio 1.50 Debt to assets rato Debt to equity ratio 2 0.50% 21 < Prev 4 of 4 atv MacBook 80 828 % 85 54 #3 A 6 2 W E R T S , L