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Consider this simplied balance sheet for Geomorph Trading: Current assets $ 110 Current liabilities $ 65 Long-term assets 510 Longterm debt 275 Other liabilities 80
Consider this simplied balance sheet for Geomorph Trading: Current assets $ 110 Current liabilities $ 65 Long-term assets 510 Longterm debt 275 Other liabilities 80 Equity 2% $ 620 $ 620 Required: 3. What is the company's debtequity ratio? Note: Round your answer to 2 decimal places. b. What is the ratio of total longterm debt to total longterm capital? Note: Round your answer to 2 decimal places. . What is its net working capital? . What is its current ratio? Note: Round your answer to 2 decimal places. an 0 Answer is complete but not entirely correct. a. Debtequity ratio 0. Net working capital 35 d. Current ratio
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