Question
At December 31 a company's records show the following information: cash 100000, A/R 30000, Inventory 86000, buildings 200000, A/P 55000, wages payable 5000, Loans long
At December 31 a company's records show the following information: cash 100000, A/R 30000, Inventory 86000, buildings 200000, A/P 55000, wages payable 5000, Loans long term 70000, The working capital ratio is (3 Points) $196.000 none of answers are correct $156000 $66.000
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp
1st Edition
013606048X, 9780136060482
