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 Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio $ 243,000 770,000 $1,013,000 equired Compute the following. (Round "Ratios" to 1 decimal place.) % $ 148,000 456,000 604,000 409,000 $1,013,000

Managerial Accounting: The Cornerstone of Business Decision-Making
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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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The balance sheet for Jordan 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. (Round "Ratios" to 1 decimal place.)
Working capital
Current ratio
Debt-to-assets ratio
Debt-to-equity ratio
$ 243,000
770,000
$1,013,000
$ 148,000
456,000
604,000
409,000
$1,013,000
%
Transcribed Image Text:The balance sheet for Jordan 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. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio $ 243,000 770,000 $1,013,000 $ 148,000 456,000 604,000 409,000 $1,013,000 %
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