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As a consultant for Acme Engineering you have been able to establish the following parameters from their Financial Statements: Item Amount Cash $200,000 Securities $90,000
As a consultant for Acme Engineering you have been able to establish the following parameters from their Financial Statements: Item Amount Cash $200,000 Securities $90,000 Accounts Receivable $300,000 Inventories $400,000 Prepaid Expenses $16,000 Accounts Payable $630,000 Other Liabilities $180,000 Calculate the following parameters: Total Assets Total Liabilities . Working Capital Current Ratio Acid Test Ratio
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