Compute the working capital for gibson corporation

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Reference no: EM132657422

The balance sheet for Gibson Corporation follows:

Current assets. $246,000

Long-term assets (net) $762,000

Total assets. $1,008,000

Current liabilities. $153,000

Long-term liabilities $446,000

Total liabilities $599,000

Common stock and retained earnings $409,000

Total liabilities and stockholders' equity $1,008,000

Required

Problem 1: Compute the following. (Round "Ratios" to 1 decimal place.)

  • Working capital. %
  • Current ratio. %
  • Debt to assets ratio. %
  • Debt to equity ratio. %

Reference no: EM132657422

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