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