The balance sheet for Franklin Corporation follows: Current assets $ 249,000 Long-term assets (net)...
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Accounting
The balance sheet for Franklin Corporation follows:
Current assets $ 249,000 Long-term assets (net) 762,000 Total assets $ 1,011,000 Current liabilities $ 151,000 Long-term liabilities 450,000 Total liabilities 601,000 Common stock and retained earnings 410,000 Total liabilities and stockholders equity $ 1,011,000
compute the working capital, current ratio, Debt-to-aaet ratio, and debt-to-equity ration.
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