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Please calculate the following ratios: Current ratio debt to asset ratio quick ratio EXAMPLE COMPANY ASSETS LIABILITIES TOTAL CURRENT ASSETS=89,000 TOTAL CURRENT LIABILITIES = 61,000

Please calculate the following ratios:

Current ratio

debt to asset ratio

quick ratio

EXAMPLE COMPANY

ASSETS LIABILITIES

TOTAL CURRENT ASSETS=89,000 TOTAL CURRENT LIABILITIES = 61,000

INVESTMENT =36,000 TOTAL LONG TERM LIABILITIES = 420,000

PROPERTY,PLANT &EQUIP TOTAL LIABILITIES= 481,000

LAND = 5,500 STOCKHOLDERS EQUITY

LAND IMPROVEMENTS = 6,500 COMMON STOCKS =110,000

BUILDINGS = 180,000 RETAINED EARNING = 220,000

EQUIPMENT = 201,000 ACCUM OTHER COMPREHENSIVE INCOME = 9,000

LESS: ACCUM DEPRECIATION = (56,000) LESS: TREASURY STOCK = (50,000)

PROP,PLANT,EQUIP NET TOTAL= 337,000 TOTAL STOCKHOLDER'S EQUITY = 289,000

INTANGIBLE ASSETS TOTAL LIABILITIES & STOCKHOLDERS EQUITY= 770,000

GOODWILL = 105,000

TRADE NAMES = 200,000

TOTAL INTANGIBLE ASSETS = 305,000

OTHER ASSETS = 3,000

TOTAL ASSETS = 770,000

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