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Corporation A's common-sized financial statements show the following information (assume all current asset's terms are...

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Corporation A's common-sized financial statements show the following information (assume all current asset's terms are included, so there is no other current assets). Using this information for question 18 to 19. Earnings after taxes 15% Current liabilities 20% Equity 45% Sales $800 Cash 10% Total assets $2,000 Accounts receivable 15% Inventory 20% 18. (5 points) Compute current ratio. 5 19. (5 points) Compute long-term debt-to-equity ratio. Assume long-term debt is the only item in long-term liabilities, so they are the same. Hint: total assets in common-size financial statement is 100%

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