The balance sheet for Bukin Corporation follows. Current assets ............. $ 300,000 Long-term assets (net) .......... 950,000

Question:

The for Bukin follows.
Current assets ............. $ 300,000
Long-term assets (net) .......... 950,000
Total assets ............... $1,250,000
Current liabilities ............ $ 200,000
Long-term liabilities ............ 600,000
Total liabilities .............. 800,000
Common stock and retained earnings .... 450,000
Total liabilities and stockholders’ equity ... $1,250,000

Required
Compute the following. Round ratios to one decimal point.
Working capital _________________
Current ratio _________________
Debt to assets ratio _________________
Debt to equity ratio _________________

Balance Sheet
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