Easy Company Reported the Following Data at Year-End

question 36

Essay

Easy Company reported the following data at year-end: $$\begin{array}{l}\begin{array} { | l | r | } \hline \text { Total shareholders' equity } & \$ 200,000 \\\hline \text { Current liabilities } & 75,000 \\\hline \text { Total assets } & 350,000 \\\hline \text { Current assets } & 80,000 \\\hline \text { Common stock (par \$10) } & 125,000 \\\hline\end{array}\\\\\begin{array} { | l | l | } \hline \text { (a) } & \text { Compute the debt/equity ratio: } \\\hline \text { (b) } & \text { Compute shareholders' equity to total equities: } \\\hline \text { (c) } & \text { Compute creditors' equity to total equities: } \\\hline \text { (d) } & \text { Compute the current ratio: } \\\hline\end{array}\end{array}$$

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Definitions:

Talking Headings

A style of video presentation where the speaker’s head and shoulders are shown speaking to the camera, often used in news broadcasting.

Supporting Facts

Concrete evidence or data that backs up a claim, theory, or proposition, providing credibility and substance to arguments.

Parallelism

Parallelism in writing is the use of similar structures in related words, clauses, or phrases to create a balance and rhythm in the composition.

Natural Gas

A fossil fuel consisting mainly of methane, used as an energy source for heating, cooking, and electricity generation, as well as a fuel for vehicles.