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Chapter 4-6 Consider this simplified balance sheet for Geomorph Trading: Current assets $ 215 Current liabilities $ 130 Long-term assets 610 Long-term debt 225 Other
Chapter 4-6
| Consider this simplified balance sheet for Geomorph Trading: |
| Current assets | $ | 215 | Current liabilities | $ | 130 | ||
| Long-term assets | 610 | Long-term debt | 225 | ||||
| Other liabilities | 160 | ||||||
| Equity | 310 | ||||||
| $ | 825 | $ | 825 | ||||
| a. | What is the companys debt-equity ratio? (Round your answer to 2 decimal places.) |
| Debt-equity ratio |
| b. | What is the ratio of long-term debt to total long-term capital? (Round your answer to 2 decimal places.) |
| Long-term debt ratio |
| c. | What is its net working capital? |
| Net working capital | $ |
| d. | What is its current ratio? (Round your answer to 2 decimal places.) |
| Current ratio |
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
14th edition
007745443X, 978-0073530727, 73530727, 978-0077454432
