The balance sheet for Baird Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Required Compute the following. Note: Round "Ratios" to 1 decimal place. Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio % $ 248,000 751,000 $ 999,000 $ 142,000 456,000 598,000 401,000 $ 999,000
The balance sheet for Baird Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity Required Compute the following. Note: Round "Ratios" to 1 decimal place. Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio % $ 248,000 751,000 $ 999,000 $ 142,000 456,000 598,000 401,000 $ 999,000
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter15: Financial Statement Analysis
Section: Chapter Questions
Problem 30BEB: Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of...
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