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1. Calculating working capital Taco Largo Inc.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Taco Largo Inc.'s
1. Calculating working capital Taco Largo Inc.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Taco Largo Inc.'s balance sheet follows. Balance Sheet Cash Accounts receivable Inventory Total current assets 225,000 Accounts payable $135,000 Accruals $165,000 $525,000 Total current liabilities $150,000 $90,000 $140,000 $380,000 $300,000 $345,000 $1,025,000 Notes payable Net plant and equipment$500,000 Total assets Long-term debt Total common equity Total liabilities and equity $1,025,000 The value of Taco Largo Inc.'s working cap ital is , while its net working cap ital is The value of Taco Largo Inc.'s net operating working cap tal is Taco Largo Inc.'s current ratio is If Taco Largo Inc. decides to purchase a new building with long-term debt, its current ratio will
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