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The balance sheet for Zachary Corporation follows: Current assets $ 247,000 Long-term assets (net) 767,000 Total assets $ 1,014,000 Current liabilities $ 140,000 Long-term liabilities
The balance sheet for Zachary Corporation follows:
Current assets | $ | 247,000 | |
Long-term assets (net) | 767,000 | ||
Total assets | $ | 1,014,000 | |
Current liabilities | $ | 140,000 | |
Long-term liabilities | 459,000 | ||
Total liabilities | 599,000 | ||
Common stock and retained earnings | 415,000 | ||
Total liabilities and stockholders equity | $ | 1,014,000 | |
Required Compute the following. (Round "Ratios" to 1 decimal place.)
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