Compute the total debt and current debt

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Question - With the help of the following information, compute: (a) Total Debt, (b) Current Debt, (c) Long-term Debt, (d) Fixed Assets, (e) Total Assets, (f) Turnover or Sales, (g) Inventory or Stock and (h) Liquid Assets.

Equity $ 100,000

The relevant ratios of the firm are as follows:

Current debt to total debt .40

Total debt to owners' equity .60

Fixed assets to owners' equity .60

Total assets turnover 2 times

Inventory turnover 8 times

Reference no: EM132044163

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