Based on the information below please provide answers to the following questions, thank you.

Cash 12,000 Short-term Liabilities 2,000

Total Assets 15,500 Total Liabilities 5,000

Based upon the preceding,

1. What is the ratio of cash to short-term liabilities for Nocturnal?
2. What is the ratio of Assets to Total Liabilities?

Before approving credit, the office manager calls the bank reference provided by Nocturnal, and learns that the company currently has a cash balance of $200. When she asks Nocturnal about the $11,800 discrepancy Nocturnal explains that the financial information includes the anticipated (but yet, unrealized) profit of $11,800 on a job under bid. Nocturnal's accountant explains that the company keeps its books according to Contingent Reality Accounting Principles (CRAP).

The office manager reviews financial statements for the company and adjusts

them to GAAP:

Cash 200 Short-term Liabilities 2,000

Total Assets 3,700 Total Liabilities 5,000

1. What is the ratio of cash to short-term liabilities?
2. What is the ratio of Debt to Assets?
3. What would stockholders' equity be?
4. Do lenders or owners appear to have greater interest in the assets of Nocturnal?