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Consider this simplified balance sheet for Geomorph Trading: Current assets $ 100 Current liabilities $ 60 Long-term assets 500 Long-term debt 280 Other liabilities 70
Consider this simplified balance sheet for Geomorph Trading: Current assets $ 100 Current liabilities $ 60 Long-term assets 500 Long-term debt 280 Other liabilities 70 Equity 190 $ 600 $ 600 b. What is the ratio of long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round your answer to 2 decimal places.)
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