MC Qu. 142 Rajan Companys most recent...

Rajan Company's most recent balance sheet reported total assets of $1.70 million, total liabilities of $0.90 million, and total equity of $0.80 million. Its Debt to equity ratio is:

Multiple Choice

0.47

0.89

0.53

1.00

1.13

MC Qu. 157 Refer to the following selected financial...

Refer to the following selected financial information from McCormik, LLC. Compute the company's working capital for Year 2.

Multiple Choice

$244,000.

$257,000.

$167,000.

$158,000.

$131,500.

Cash Short-term investments Accounts receivable, net Merchandise inventory Prepaid expenseS Plant assets Accounts payable Net sales Cost of goods sold Year 2 Year 1 $ 38,400 33,150 99,000 64,500 90,000 84,000 125,500 129,500 13,000 10,600 392,500 342,500 108,900 112,300 715,500 680,500 394,500 379,500