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3. Net working capital, working capital balances, and the current ratio Study the following balance sheet to help you prepare for your upcoming interview for
3. Net working capital, working capital balances, and the current ratio Study the following balance sheet to help you prepare for your upcoming interview for an entry-level analyst position at Galaxy Corporation. During your interview for an introductory-level analyst position at Galaxy Corporation, the interviewer asks you to complete the following table using the information provided in the preceding balance sheet. Assume that Galaxy decides to purchase additional warehouse space costing $1,140,000 using long-term debt capital. Given the condition of the company noted in the balance sheet, this activity should be expected to cause Galaxy's current ratio to
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