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Construct a balance sheet for MCD Consulting given the following data. Cash: $30,000 Equipment: $8,000 Accounts Receivable: $13,000 Accounts Payable: $8,500 Long term Debt: $6,500

Construct a balance sheet for MCD Consulting given the following data. Cash: $30,000 Equipment: $8,000 Accounts Receivable: $13,000 Accounts Payable: $8,500 Long term Debt: $6,500 What is shareholders equity? What is the current ratio?

If MCD Consulting issued 1,000 shares of stock valued at $50 per share, what would be the market to book ratio?

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