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A corporation reports the following year-end balance sheet data. Calculate the following ratios using the information provided below.



(a) working capital

(b) acid-test ratio

(c) current ratio

(d) debt ratio

(e) equity ratio

(f) debt-to-equity ratio


Cash $ 50,000 Current liabilities $ 64,000
Accounts receivable 35,000 Long-term liabilities 72,000
Inventory 60,000 Common stock 1,00,000
Equipment 140,000 Retained earnings 49,000
Total assets $ 285,000 Total liabilities and equity $ 285,000

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