Calculate the following ratios using the information below: Note: Round decimal places to the nearest hundredths 1. Working capital 2. Current ratio 3. Debt-to-equity ratio Cash 182,250 Accounts Receivable 7,500 Supplies 1,000 Vehicles 300,000 A. Capital 450,000 Accounts Payable 13,500 Salaries payable 27,250

Calculate the following ratios using the information below: Note: Round decimal places to the nearest hundredths 1. Working capital 2. Current ratio 3. Debt-to-equity ratio Cash 182,250 Accounts Receivable 7,500 Supplies 1,000 Vehicles 300,000 A. Capital 450,000 Accounts Payable 13,500 Salaries payable 27,250

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 33CE: Liquidity Ratios NWAs financial statements contain the following information: Note: Round answers to...

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