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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

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

AssetsLiabilities

Cash $100 Notes Payable -bank $200

Net Account Receivable $400 Account Payable $300 Inventory $200 Accrued expenses $100

Total Current Assets $ 700 Total 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.

image text in transcribed Analyze S&J Plumbing, Inc.'s balance sheet below: 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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