A Corporation Reports the Following Year-End Balance Sheet Data

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
Cash……………………….. $ 40,000 Current liabilities $ 64,000
Accounts receivable………. 35,000 Long-term liabilities……….72,000
Inventory………………….. 60,000 Common stock……………..100,000
Equipment………………… 150,000 Retained earnings…………. 49,000
Total assets……………….. $285,000 Total liabilities and equity $285,000