Question
Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.5.) Current assets$200,000
Based on the following information, compute the (1) current ratio and (2) working capital.(Round current ratio to 1 decimal place, e.g. 52.5.)
Current assets$200,000
Total assets900,000
Current liabilities80,000
Total liabilities500,000
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
1118285909, 1118285905, 978-1118285909
