NEED ASAP IN 10 MIN PLEASE!!!! THANK YOU!!
Homework Answers
(a ): Debt- Equity Ratio= Total liabilities/Equity
= (95+245+140)/260 = 480/260 = 1.85
(b ): Ratio of long term debt to long term equity = 245/260 = 0.94
(c ): Net working capital= Current assets- Current liabilities =170-95 = $75
(d ): Current Ratio= Current assets/Current liabilities = 170/75 = 1.79
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NEED ASAP IN 10 MIN PLEASE!!!! THANK YOU!!
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Short-term investments
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Accounts receivable
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Inventory
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Long-term liabilities
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1,200
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$
3,100
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Balance Sheet
December 31, 2021
($ in thousands)
Assets
Cash
$
290
Short-term investments
240
Accounts receivable
290
Inventory
380
Property, plant, and equipment (net)
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Total assets
$
3,100
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Current liabilities
$
490
Long-term liabilities
440
Paid-in capital
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