Please calculate the ratios related to North Star Maritime Company: North Star Maritime Company has the following results for certain accounts on the date 31.12. 2020:  Current assets: 182 000 USD      Current liabilities: 135 000 USD     Total assets : 2 465 000 USD      Long-term liabilities : 1 125 000 USD According to data given above, please calculate the followings: a) current ratio     b) Debt to total assets ratio

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 19P
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Please calculate the ratios related to North Star Maritime Company: North Star Maritime Company has the following results for certain accounts on the date 31.12. 2020: 

Current assets: 182 000 USD      Current liabilities: 135 000 USD    

Total assets : 2 465 000 USD      Long-term liabilities : 1 125 000 USD

According to data given above, please calculate the followings:

a) current ratio     b) Debt to total assets ratio  

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