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Exercise 9-8A (Algo) Ratio analysis LO 9-2, 9-3 The balance sheet for Fanning Corporation follows: Book Print Current assets Long-term assets (net) Total assets Current
Exercise 9-8A (Algo) Ratio analysis LO 9-2, 9-3 The balance sheet for Fanning Corporation follows: Book Print Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities, Total liabilities Common stock and retained earnings $231,000 758,000 $989,000 $156,000 457,000 613,000 376,000 rences Total liabilities and stockholders' equity $989,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio: Debt-to-assets ratio. % Debt-to-equity ratio
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