Calculate the current ratio and debt ratio for each year

Reference no: EM132474746

Question (1) Prepare new balance sheet information assuming current liabilities remain unchanged at 400 SAR each year and the 400 SAR increase in debt is added to long-term liabilities.

Question (2) Calculate the current ratio and debt ratio for each year under the first scenario.

Question (3) Calculate the current ratio and debt ratio for each year under your revised scenario with the additional debt added to long-term liabilities.

Attachment:- additional debt.rar

Reference no: EM132474746

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