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Exercise 9-8 Ratio analysis LO 9-2, 9-3 The balance sheet for Shankland Corporation follows: Current...

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Exercise 9-8 Ratio analysis LO 9-2, 9-3 The balance sheet for Shankland Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 600,000 1,900,000 $2,500,000 $ 400,000 1,200,000 1,600,000 900,000 $2,500,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio Debt to equity ratio

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