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The balance sheet for Fanning Corporation follows: Current assets 237,000 Long-term assets (net) 757,000 Total assets $994,000 Current liabilities $146,000 Long-term liabilities 443,000 Total liabilities
The balance sheet for Fanning Corporation follows:
Current assets 237,000
Long-term assets (net) 757,000
Total assets $994,000
Current liabilities $146,000
Long-term liabilities 443,000
Total liabilities 589,000
Common stock and retained earnings 405,000
Total liabilities and stockholders' equity $994,000
Compute the following. (Round "Ratios" to 1 decimal place.)
Working capital
Current ratio
Debt to assets ratio
Debt to equity ratio
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