A Corporation Reports the Following Year-End Balance Sheet Data

question 166

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A corporation reports the following year-end balance sheet data. Calculate the following ratios:
(a) working capital
(b) acid-test ratio
(c) current ratio
(d) debt ratio
(e) equity ratio
(f) debt-to-equity ratio

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Definitions:

Macro Virus

A virus that’s distributed by hiding it inside a macro.

Polymorphic Virus

A virus that changes its virus signature (the binary pattern that makes the virus identifiable) every time it infects a new file. This makes it more difficult for antivirus programs to detect the virus.

Macro Virus

A type of malware that is embedded in a document and can execute malicious sequences of commands upon opening the file.

Trojan Horse

A computer program that appears to be something useful or desirable (such as a game or a screen saver), but at the same time does something malicious in the background without the user’s knowledge.