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answer the question use the excel formula. Shower me the formula. Below are the working capital accounts for Next Group, Inc. as of the end
answer the question use the excel formula.
Below are the working capital accounts for Next Group, Inc. as of the end of 2019 and 200. Revenue for 2019 and 2020 was 86.500.000 and $3,000,000, respectively. Cost of goods sold was $3,950,000 and $4,500,000, respectively 1) Based on the changes in these accounts what how much is the source or use of cash from working capital? 2) he was the descontos montanding in alle for 2020 10 Based on the below account balances for 2020 what was the networking capital hace? 114) What is the 2020 current ratio? 125) In your opinion is the current rate from stronger weak and why? 13 10 15 & Question 2: 20 points 17 Source 15 2019 2020 (Use) 19 Accounts receivable $ 1,055,000 $1,250,000 20 Inventory 864,000 925,000 21 Prepaid expenses 124,000 118,000 22 Accounts payable 675,000 648,000 23 Accrued expenses 365,000 399,000 DI Cash change 1 USE o'! 2020 working capital 29 2020 current ratio Current ratio would generally be considered strong Shower me the formula.
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