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2-12 (a) For J&W Graphics Supply, compute the current ratio. Is this a financially healthy company? Explain. 5pr J&W Graphics Supply Balance Sheet Data (thousands)
2-12 (a) For J&W Graphics Supply, compute the current ratio. Is this a financially healthy company? Explain. 5pr J&W Graphics Supply Balance Sheet Data (thousands) Assets Cash Accounts receivable Inventories Bad debt provision $1,740 2,500 900 -75 Liabilities Accounts payable Notes payable Accrued expenses 1,050 500 125 (b) The entries on J&W's complete balance sheet include the following: More J&W Balance Sheet Data (thousands) Long-term liabilities Land Plant and equipment Accumulated depreciation Stock Capital surplus Retained earnings $950 475 3,100 1,060 680 45 Value not given Construct J&W's balance sheet. (c) What are J& W's values for total assets, total liabilities, and total earnings
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