Question

Balance Sheet Assets                                    &nbs

Balance Sheet
Assets                                                                                               2018 2017
Cash and Cash Equivalents                                                    40000 30000
Short term Investments                                                             4500 8500
Accounts Receivable                                                               166000 190000
Inventories                                                                                80000 70000
Total current assets                                                                 290500 298500
Net Fixed Assets                                                                        115000 90000
Total Assets                                                                              405500 388500
Liabilities and Equity                                                                 2018 2017
Accounts Payable                                                                   17000 14500
Accruals                                                                                   18500 14000
Notes Payable                                                                          11000 4000
Total Current Liabilities                                                        46500 32500
Long term debt                                                                     133000 186950
Total Liabilities                                                                       179500 219450
Common Stock                                                                      146000 130000
Retained Earnings                                                                   80000 39050
Total Common Equity                                                           226000 169050
Total Liabilities and Equity                                                 405500 388500

Find the ratios for 2018:

Debt to equity ratio:

Debit ratio:

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