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Questions 4-10 are for the same business. Current assets equal $80,000, noncurrent assets equal $120,000, current liabilities equal $60,000 and noncurrent liabilities equal $80,000. Compute
Questions 4-10 are for the same business. Current assets equal $80,000, noncurrent assets equal $120,000, current liabilities equal $60,000 and noncurrent liabilities equal $80,000. Compute the debt-to-asset ratio, debt to-equity ratio, equity-to-asset ratio, current ratio and networking capital. For each of the ratios you computed, are they above, with-in or below standards. Explain. Need step-by-step but I do not need help on calculating if they are within standards, Questions 4-10 are for the same business. Current assets equal $80,000, noncurrent assets equal $120,000, current liabilities equal $60,000 and noncurrent liabilities equal $80,000. Compute the debt-to-asset ratio, debt to-equity ratio, equity-to-asset ratio, current ratio and networking capital. For each of the ratios you computed, are they above, with-in or below standards. Explain. Need step-by-step but I do not need help on calculating if they are within standards
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