Question

The balance sheet for Baird Corporation follows: Current assets $ 238,000 Long-term assets (net) 763,000 Total...

The balance sheet for Baird Corporation follows:

Current assets $ 238,000
Long-term assets (net) 763,000
Total assets $ 1,001,000
Current liabilities $ 154,000
Long-term liabilities 444,000
Total liabilities 598,000
Common stock and retained earnings 403,000
Total liabilities and stockholders’ equity $ 1,001,000

Required

Compute the following. (Round "Ratios" to 1 decimal place.)

Working capital   
current ratio
debt to assets ratio %
debt to equity ratio
0 0
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Answer #1

Calculate the ratio as follows: 84000.0 1 Particulars 2 Working capital 3 Current ratio 4 Debt to asset ratio 5 Debt to equit

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