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7. The balance sheet data of company A is as follows; $ 10,000 Cash Accounts Receivable Inventory 30,000 80,000 Prepaid Insurance 6,000 Long-term Assets 200,000
7. The balance sheet data of company A is as follows; $ 10,000 Cash Accounts Receivable Inventory 30,000 80,000 Prepaid Insurance 6,000 Long-term Assets 200,000 Accounts Payable 30,000 Notes Payable due in 10 months 25,000 Wages Payable 5,000 Long-term Liabilities 70,000 Stockholders' (Owner's) Equity 196,000 a) The company's net working capital is (5p) b) The company's current ratio is (5p) c) The company's quick ratio is (5p) d) The company's Debt ratio? (5p)
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