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The balance sheet for Stuart Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities $233,000 763,000 $996, 000 $144,000 460,000 604,000
The balance sheet for Stuart Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities $233,000 763,000 $996, 000 $144,000 460,000 604,000 392,000 $996, 000 Total liabilities Common stock and retained earnings Total liabilities and stockholders" equity Required Compute the following. (Round "Ratios" to 1 decimal place.)
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