Exercise 14-8A (Algo) Ratio analysis LO 14-2, 14-3

The balance sheet for Adams Corporation follows:

Current assets	$ 244,000
Long-term assets (net)	764,000
Total assets	$ 1,008,000
Current liabilities	$ 146,000
Long-term liabilities	452,000
Total liabilities	598,000
Common stock and retained earnings	410,000
Total liabilities and stockholders equity	$ 1,008,000

Required

Compute the following.

Note: Round ratios to 1 decimal place.

Working Capital _____________

Current ratio ____________________

Debt to assets ratio _________________

Debt t equity ratio __________________