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Consider this simplified balance sheet for Geomorph Trading: Current assets $ 185 $ 43 Current liabilities Long-term assets 585 250 Long-term debt 53 Other liabilities
Consider this simplified balance sheet for Geomorph Trading:
Current assets | $ 185 | $ 43 | Current liabilities |
Long-term assets | 585 | 250 | Long-term debt |
53 | Other liabilities | ||
424 | Equity | ||
$ 770 | $ 770 |
a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.)
Debt to equity ratio
b-1. What are Geomorphs net working capital and total long-term capital?
Net working capital | $ |
Total long-term capital | $ |
b-2. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.)
Debt to total long-term capital
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