Compute the working capital -compute the current ratio-


Ratio analysis

The balance sheet for Kamel Corporation follows.

Current assets

$ 240,000

Long-term assets (net)

760,000

Total assets

$1,000,000

Current liabilities

$ 150,000

Long-term liabilities

450,000

Total liabilities

600,000

Common stock and retained earnings

400,000

Total liabilities and stockholders' equity

$1,000,000

Required

Compute the following.

  • Working Capital
  • Current Ratio
  • Debt to Assets ratio
  • Debt to Equity ratio

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Compute the working capital -compute the current ratio-
Reference No:- TGS01573688

Expected delivery within 24 Hours