Elaine wants to analyze her company's ability to meet its current debt obligations. which of the following ratios is most to ruth in analyzing this?
a. total asset turnover ratio
b. current ratio
c. return on investment ratio
d. inventory turnover ratio

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?