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
Definitions:
Benzophenone
An aromatic ketone with the formula C13H10O, used as a photo initiator in polymer chemistry and as a flavoring agent.
Base-catalyzed Condensation
A chemical reaction where a base catalyzes the joining of two molecules with the loss of a small molecule like water, commonly used in the formation of larger organic molecules.
Synthesize
The chemical process of combining two or more entities to form a new compound.
Cyclohexene
A cyclic hydrocarbon with the formula C6H10, characterized by a single carbon-carbon double bond within a six-membered ring.
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