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Bathe Company provides you with the following balance sheet information of December 31, 2017 Current assets Long term assets Total assets $12.000 25,700 $38,300 Current
Bathe Company provides you with the following balance sheet information of December 31, 2017 Current assets Long term assets Total assets $12.000 25,700 $38,300 Current liabilities Long-term liabilities Stockholders equity Total liabilities and stockholders equity $11.700 14.900 11.700 $38.500 In addition, Ivanhoe reported net income for 2017 of 517.600 income tax expertise of $3.200, and interest expertise $1,100 Compute the current ratio and working capital for Ivanhoe for 2017. (Round current ratio to 2 decimal places, eg 275, Enter negative amounts using either a negative sig preceding the number ej45 or parenthesesex (451) Current ratio : 1 Working capital 5 Assume that at the end of 2017. Ivanhoe used $2.500 cash to pay off $2.500 of accounts payable. How would the current ratio and working capital have changed Round current ratio to 2 decimal places, c.8. 2.75. Enter negative amounts using either a negative sim preceding the numbers. 45 or parentheses eg. (451)
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