Question
Balance Sheet: 2020 2019 Asset Current 780,450 610,274 Fixed and 230,690 242,000 Other Liabilities 0 Current 380,600 260,780 Long-Term 205,000 173,000 Owner's Equity 425,540
Balance Sheet: 2020 2019 Asset Current 780,450 610,274 Fixed and 230,690 242,000 Other Liabilities 0 Current 380,600 260,780 Long-Term 205,000 173,000 Owner's Equity 425,540 418,494 Income Statement: Revenue: 4,200,900 Construction Costs: 3,587,000 Overhead: 422,000 Income tax: 37,800 Question 3. Determine the current ratio and working capital turn for the company
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
5th Canadian edition
9781259105692, 978-1259103285
