Ratio analysis. (LO 2) Fireworks reported current assets of ($ 720,000) and a current ratio of 1.2.

Question:

Ratio analysis. (LO 2)

Fireworks reported current assets of \(\$ 720,000\) and a current ratio of 1.2. What were current liabilities? What was working capital?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

Question Posted: