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based on the consolidated balance sheet can you check the numbers I currently wrote down and possibly correct me and help me solve the rest
based on the consolidated balance sheet can you check the numbers I currently wrote down and possibly correct me and help me solve the rest
1. What does the company report for the following accounts for the most current fiscal year: Enter your answer in thousandss. 2. The company projects the following to occur in the next fiscal year: - Accounts payable will decrease by 14%. - Other current liabilities are expected to increase by 20%. - Cash flow from operations is expected to increase by 6%. Assume all other items remain unchanged from the prior year. Provide the next year's forecasted balances for the following accounts and cash flow from operations. Round your answer to the nearest thousands. 3. Compute the forecasted current ratio for the next fiscal year. Round your answer to two decimal places. 4. Compute the forecasted quick ratio for the next fiscal year. Round your answer to two decimal placesStep by Step Solution
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