Homework Answers
| Answer is 31:69 and 2.95 | |||||
| Explanation: | |||||
| Current ratio: Current assets / Current Liabilities | |||||
| 245000 /83000 = 2.95 | |||||
| Debt-Equity = Total Debt / Equity | |||||
| 149000 / 336000 = 0.44 (which is equal to 31:69) | |||||
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