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The balance sheet for Franklin Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities. Long-term liabilities Total liabilities Common stock and retained
The balance sheet for Franklin Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities. Long-term liabilities Total liabilities Common stock and retained earnings $ 238,000 765,000 $1,003,000 $ 160,000 455,000 615,000 388,000 Total liabilities and stockholders' equity $1,003,000 Required 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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