What is the company’s debt-equity ratio?
I need the attached questions answered by 9:00 pm tonight.
Consider this simplified balance sheet for Geomorph Trading:
Current assets
$
170
Current liabilities
$
95
Long-term assets
570
Long-term debt
245
Other liabilities
140
Equity
260
$
740
$
740
a. What is the company’s debt-equity ratio? (Round your answer to 2 decimal places.)
b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.)
c. What is its net working capital?
d. What is its current ratio? (Round your answer to 2 decimal places.)