Consider this simplified balance sheet for geomorph trading: current assets $ 180 current liabilities $ 100 long-term assets 580 long-term debt 240 other liabilities 150 equity 270 $ 760 $ 760
a. what is the company's debt-equity ratio? (round your answer to 2 decimal places.) debt-equity ratio
b. what is the ratio of long-term debt to total long-term capital? (round your answer to 2 decimal places.) long-term debt ratio
c. what is its net working capital? net working capital $
d. what is its current ratio? (round your answer to 2 decimal places.) current ratio
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Consider this simplified balance sheet for geomorph trading: current assets $ 180 current liabilities $ 100 long-term assets 580 long-term ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The average price of goods and services in the economy is also known as
Answers (1)
In general, the better candidates for shortening are: Early tasks opposed to later tasks. Later tasks opposed to early tasks. Burst tasks opposed to merge tasks. Merge tasks opposed to burst tasks.
Answers (1)
Chobani's equipment runs for 10 hours and must be idle for 4 hours while being cleaned. Its plants operate day and night all week long.
Answers (1)
Jeff works as a computer repair technician He has money in a savings account and he owns some stock What types of income does he have?
Answers (1)
The accounting process begins with: Multiple Choice Analysis of business transactions and source documents. Preparing financial statements and other reports. Analysis of prepared financial statements.
Answers (2)
New Questions in Business
Re-Up Enterprises has sales of $926,355, costs of goods sold of $613,500, inventory of $189,880, and accounts receivable of $78,580. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?
Answers (1)
Which of the following is one of the main things to consider when evaluating a business opportunity?
Answers (1)
Analyzing Accounts Receivable Changes The comparative balance sheets of Sloan Company reveal that accounts receivable (before deducting allowances) increased by $15,000 in 2013.
Answers (1)
The balance in the Accounts Receivable account decreased from $18,000 at the beginning of the month to $15,000 at the end of the month. Sales on account during the month totaled $130,000.
Answers (1)
A firm is considering a replacement project which requires the initial outlay of $300,000 which includes both an after-tax salvage from the old asset of $12,000 and an additional working capital investment of $8,000.
Answers (1)