The selected condensed data are taken from recent balance sheet of Bob Evens farms: Cash Marketable securities Accounts receivable Inventories Other current assets $8,241,000 1,947,000 12,545,000 14,814,000 5,371,000 Total current assets Total current liabilities Calculate (a) the working capital and (b) the current ratio for Bob Evans Farms. $42,918,000 $44,844,000

The selected condensed data are taken from recent balance sheet of Bob Evens farms: Cash Marketable securities Accounts receivable Inventories Other current assets $8,241,000 1,947,000 12,545,000 14,814,000 5,371,000 Total current assets Total current liabilities Calculate (a) the working capital and (b) the current ratio for Bob Evans Farms. $42,918,000 $44,844,000

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section: Chapter Questions

Problem 4AP

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