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Consider this simplified balance sheet for Geomorph Trading: Current assets $ 150 Current liabilities $ 85 Long-term assets 550 Long-term debt 255 Other liabilities 120
Consider this simplified balance sheet for Geomorph Trading: |
Current assets | $ | 150 | Current liabilities | $ | 85 | ||
Long-term assets | 550 | Long-term debt | 255 | ||||
Other liabilities | 120 | ||||||
Equity | 240 | ||||||
$ | 700 | $ | 700 | ||||
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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