5.

Firm O has accounts receivable of $55,000, cash of $26,600, property, plant, and equipment of $440,000, merchandise inventory of $48,000, accounts payable of $23,300, other accrued liabilities of $8,700, common stock of $370,000, and retained earnings of $167,600.

Required:

Calculate Firm Ns working capital and current ratio.

working capital:

Choose numerator:	-	Choose demonimator	=	working capital
	-		=

Current Ratio:

Choose numerator:	/	Choose demonimator	=	Current Ratio
	/		=