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
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
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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