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$30,000 Accounts Receivable. 60,000 The following data are taken from the financial statements of Bell Company as at the end of the year 2021. The
$30,000 Accounts Receivable. 60,000 The following data are taken from the financial statements of Bell Company as at the end of the year 2021. The data are in alphabetical order. Accounts Payable.. Profit.. Supplies 48,000 8,500 Cash... 55,000 Total assets... 250,000 Other current liabilities. 20,000 Total liabilities.. 250,000 Prepaid Insurance.... 2,500 Wages payable. 6,000 Instructions Calculate Bell Company's a) working capital and b) current ratio a) Working Capital b) Current Ratio
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