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Use the following information to answer the next two questions. Note that you may not need to use all the accounts below. Dec 31,2022 balances

Use the following information to answer the next two questions. Note that you may not need to use all the accounts below.

Dec 31,2022 balances
Assets
Cash15,000
Marketable securities10,000
Accounts reeivable, net20,000
Inventory30,000
Prepaid assets8,000
Property, plant and equipment117,000
Total assets200,000
Liabilities and Equity
Accounts payable10,000
Taxes payable20000
Mortgage payable50,000
Common stock ($10 par)100,000
Retained earnings5,000
Stockholders's equity15,000
Total liabilities and equity

200,000

Calculate the current ratio.

What is the debt to equity ratio 


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