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Calculate the amount of working capital and the current ratio for the following companies: Current Current Working Current Company Assets Liabilities Capital Ratio Smith, Inc.
Calculate the amount of working capital and the current ratio for the following companies:
Current | Current | Working | Current | |
Company | Assets | Liabilities | Capital | Ratio |
Smith, Inc. | $ 615,320 | $215,900 | ||
James Trucking | $ 59,600 | $ 22,000 | ||
Royal Tires, Inc. | $1,622,500 | $916,200 |
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