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Required A. Calculate the debt/equity and debt/capitalization ratios. B. What do these ratios measure ? Tks! The following information was taken from the balance sheet

Required
A. Calculate the debt/equity and debt/capitalization ratios.
B. What do these ratios measure ?
Tks! image text in transcribed
The following information was taken from the balance sheet of Laribee Company (amounts are in thousands of dollars): 24,480 Current liabilities 73,440 Long-term debt Common stock, par value 61,200 Paid-in capital 15,300 70,380 Retained earnings $244,800 "Includes S6,120 current portion of long-term debt

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