Chico Portat My Accoux Lectures - 198-ABUS * Assignments - 198-A3 X Microsoft Word - Hor X id-4000605-dt-content-rid-65144897_1/courses/198-ABUS321-02-1018/Homework36236.pdf ABUS 321 Assignment#6 (2 Questions-20 points) Question 2 Consider the following farm balance sheet. Assets Liabilities Current Assets $40,000 Current Liabilities $60,000 Noncurrent Assets $240.000 Noncurrent Liabilities S50.000 Total Liabilities $110,000 Owner Equity $170.000 Total Assets $280,000 Total Liabilities + Equity $280,000 Show your work! a) Calculate working capital and explain it. b) Calculate Current Ratio and explain it. c) Calculate Debt to Asset Ratio and explain it. d) Calculate Equity to Asset Ratio and explain it. e) Explain which one (maybe more than one) is/are the weakest part of this farm business's financial position? Ole was