Ratio analysisThe balance sheet for Sackfield Corporation follows.
Ratio analysis
The balance sheet for Sackfield Corporation follows.
Current Assets
$750,000
Long-Term Assets (net)
4,250,000
Total Assets
$5,000,000
Current Liabilities
$420,000
Long-Term Liabilities
2,460,000
Total Liabilities
2,880,000
Common Stock and Retained Earnings
2,120,000
Total Liabilities and Stockholders’ Equity
$5,000,000
Required
Compute the following.
Working capital Current ratio
Debt to assets ratio
Debt to equity ratio
