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Mayfield Company has the following information available: Accounts payable $108,000 Intangible assets $180,000 Accounts receivable 90,000 Inventory 210,000 Accumulated depreciation 150,000 Mortgage payable 330,000 Cash

Mayfield Company has the following information available:

Accounts payable $108,000 Intangible assets $180,000
Accounts receivable 90,000 Inventory 210,000
Accumulated depreciation 150,000 Mortgage payable 330,000
Cash 60,000 Retained earnings ?
Common stock 192,000 Salaries payable 42,000
Equipment 420,000 Supplies 30,000

Compute each of the following, showing calculations for partial credit.

1. Total current assets

2. Total noncurrent (long-term) assets

3. Total current liabilities

4. Retained earnings amount

5. Current ratio

6. Debt to total assets ratio

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