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The balance sheet for Walton Corporation follows: Current assets $ 230,000 Long-term assets (net) 754,000 Total assets $ 984,000 Current liabilities $ 140,000 Long-term liabilities
The balance sheet for Walton Corporation follows:
Current assets | $ 230,000 |
---|---|
Long-term assets (net) | 754,000 |
Total assets | $ 984,000 |
Current liabilities | $ 140,000 |
Long-term liabilities | 442,000 |
Total liabilities | 582,000 |
Common stock and retained earnings | 402,000 |
Total liabilities and stockholders equity | $ 984,000 |
Required
Compute the following.
Note: Round ratios to 1 decimal place.
Working capital =
current ratio =
debt-to-assets ratio =
Debt-to-equity ratio =
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