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Analyze S&J Plumbing, Inc.'s balance sheet below: Assets Liabilities Cash $100 Notes Payable-bank $200 Net Account Receivable $400 Account Payable $300 Inventory $200 Accrued Expenses

Analyze S&J Plumbing, Inc.'s balance sheet below:

Assets

Liabilities

Cash

$100

Notes Payable-bank

$200

Net Account Receivable

$400

Account Payable

$300

Inventory

$200

Accrued Expenses

$100

Total Current Assets

$700

Total Current Liabilities

$600

Calculate the following:

  • Current ratio
  • Quick ratio
  • Net working capital

Write a report of 2-3 pages that discusses the liquidity of S & J Plumbing Incorporated.

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