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Spartan Sportswear's current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $

Spartan Sportswear's current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement:


Inventories	$	270,000
Total assets	$	720,000
Current ratio		2.85
Acid-test ratio		1.4
Debt to equity ratio		1.2

Required:

Compute the above for Spartan:

Long-term liabilities

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