(Solution) - Balance sheet data for Ramsey Corporation follow Current assets -(2025 Original AI-Free Solution)

Paper Details

Balance sheet data for Ramsey Corporation follow.
Current assets ............ $ 150,000
Long-term assets (net) ........... 850,000
Total assets ............ $1,000,000
Current liabilities ............ $ 84,000
Long-term liabilities .......... 492,000
Total liabilities ............ 576,000
Total stockholders? equity .......... 424,000
Total liabilities and stockholders? equity . $1,000,000
Required
Compute the following:
Working capital ________
Current ratio ________
Debt to assets ratio ________
Debt to equity ratio ________