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Homework answers / question archive / Consider this simplified balance sheet for Geomorph Trading:  Current assets $ 120 $ 56 Current liabilities Long-term assets 520 260 Long—term debt 66 Other liabilities 258 Equity $ 640 $ 640  a

Consider this simplified balance sheet for Geomorph Trading:  Current assets $ 120 $ 56 Current liabilities Long-term assets 520 260 Long—term debt 66 Other liabilities 258 Equity $ 640 $ 640  a

Accounting

Consider this simplified balance sheet for Geomorph Trading: 
Current assets $ 120 $ 56 Current liabilities Long-term assets 520 260 Long—term debt 66 Other liabilities 258 Equity $ 640 $ 640 
a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) 
Debt to equity ratio 
b-1. What are Geomorph's net working capital and total long-term capital? 
Net working capital Total long-term capital 
b-2. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.) 
Debt to total long-term capital 

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