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The balance sheet for Zachary Corporation follows: Current assets. Long-term assets (net) Total assets. Current liabilities Long-term liabilities Total liabilities Common stock and
The balance sheet for Zachary 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 $ 239,000 764,000 $1,003,000 $ 153,000 443,000 596,000 407,000 $1,003,000 Compute the following. (Round "Ratios" to 1 decimal place.) Answer is complete but not entirely correct. Working capital $ 86,000 Current ratio Debt-to-assets ratio Debt-to-equity ratio 1.6 5.9% 14.6 x
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