Compute the current ratio the debt to equity ratio

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Reference no: EM13131761

Compute the current ratio, the debt to equity ratio, and return on sales ratio

Revenue-450,000, cost of goods sold-250,000, operating expenses-150,00, average current assets-200,000, inventory-75,000, pre-paid-20,000,liquid assets-30% cash remainder accounts receivable. It's average total assets are 500,000 and its average total owners equity is 400,000. Seventy-five percent of liabilities are current. Of the current liabilities, 80% percent is accounts payable

Reference no: EM13131761

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