what is its current ratio

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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d. what is its current ratio

8. Financial Ratios. Consider this simplified balance sheet for Geomorph Trading: (LO4-3)
Current assets
$100
Current liabilities
$ 60
Long-term assets
500
Long-term debt
280
Other liabilities
70
Equity
190
$600
$800
a. What is the company's debt-equity ratio?
b. What is the ratio of total long-term debt to total long-term capital?
c. What is its net working capital?
Transcribed Image Text:8. Financial Ratios. Consider this simplified balance sheet for Geomorph Trading: (LO4-3) Current assets $100 Current liabilities $ 60 Long-term assets 500 Long-term debt 280 Other liabilities 70 Equity 190 $600 $800 a. What is the company's debt-equity ratio? b. What is the ratio of total long-term debt to total long-term capital? c. What is its net working capital?
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