Question
ABC Inc. has cash of $142,000; short-term notes payable of $273,000; accounts receivables of $339,000; accounts payable of $366,000; inventories of $485,000; accrued expenses of
ABC Inc. has cash of $142,000; short-term notes payable of $273,000; accounts receivables of $339,000; accounts payable of $366,000; inventories of $485,000; accrued expenses of $115,000; fixed assets of $805,000 and long-term notes payable of $297,000
a) What is ABC Inc. Net working capital?
b) What is ABC Inc. Debt ratio?
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Fundamentals Of Financial Management
Authors: James Van Horne, John Wachowicz
13th Revised Edition
978-0273713630, 273713639
