The balance sheet for Shankland Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities. Common stock and retained earnings Total liabilities and stockholders' equity Required Compute the following. Note: Round "Ratios" to 1 decimal place. Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio % $ 600,000 1,900,000 $ 2,500,000 $ 400,000 1,200,000 1,600,000 900,000 $ 2,500,000

The balance sheet for Shankland Corporation follows: Required Compute the following. Note: Round "Ratios" to 1 decimal place