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The balance sheet for Jordan Corporation follows: Current assets $ 238,000 Long-term assets (net) 754,000 Total assets $ 992,000 Current liabilities $ 157,000 Long-term liabilities
The balance sheet for Jordan Corporation follows:
Current assets | $ | 238,000 | |
Long-term assets (net) | 754,000 | ||
Total assets | $ | 992,000 | |
Current liabilities | $ | 157,000 | |
Long-term liabilities | 449,000 | ||
Total liabilities | 606,000 | ||
Common stock and retained earnings | 386,000 | ||
Total liabilities and stockholders equity | $ | 992,000 | |
Required Compute the following. (Round "Ratios" to 1 decimal place.)
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