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Compute the Debt to equity ratio

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Reference no: EM132781357

Problem - The balance sheet for Solomon Corporation follows:

Current assets $241,000

Long-term assets (net) 770,000

Total assets $1,011,000

Current liabilities $149,000

Long-term liabilities 449,000

Total liabilities 598,000

Common stock and retained earnings 413,000

Total liabilities and stockholders' equity $1,0110000

Required - Compute the following:

i. Working capital

ii. Current ratio

iii. Debt to assets ratio

iv. Debt to equity ratio

Reference no: EM132781357

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