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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

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-to-equity ratio_________

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