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These financial statement items are for Pharoah Company at year-end, July 31, 2025. PHAROAH COMPANY Income Statement Prepare a retained earnings statement for the year.

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These financial statement items are for Pharoah Company at year-end, July 31, 2025. PHAROAH COMPANY Income Statement Prepare a retained earnings statement for the year. Pharoah Company did not issue any new stock during the year. PHAROAH COMPANY Balance Sheet Assets $ Liabilities and Stockholders' Equity Compute the current ratio and debt to assets ratio. (Round answers to 1 decimal place, eg. 15.2:1 or 15.2% ) Current ratio 1 Debt to assets ratio %

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