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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Rafea Corporation Balance Sheet December 31, 2016 ​ Assets Cash $ 20,300 Marketable securities 33,000 Accounts receivable 74,200 Inventory 82,400 Fixed assets 258,500 468,400 Liabilities Accounts payable $ 82,400 Bonds payable 215,300 Common stock 78,900 Paid-in-capital 37,600 Retained earnings 54,200 ​ 468,400 ​ Which of the following can be inferred from the data?​ ​The company has a current ratio of 1.51. ​The company has a current ratio of 1.13. ​The company has a debt-to-equity ratio of 0.71. ​ The company has a debt-to-equity ratio of 1.74.
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