please show calculations

Use balance sheet to the process of applying for a loan. The answers to the questions are as followx: 11. What is the amourt of curnent assets and long-term aksets that yoe have? 12. Calculate the current ratio. Using the rule of thimb given in the iext, is this a good or bod ratio? Hint: Curent ratio = cursent asets f curcat liabilities By the rule of thumb, it should be 2 or greater. The current ratio is an indicator of a business: ability to repay debe when it is due 13. Why would the current ratio matter to your banker