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Can someone help me figure this out? Roy's Toys is a manufacturer of toys and children's products. The following are selected items appearing in a
Can someone help me figure this out?
Roy's Toys is a manufacturer of toys and children's products. The following are selected items appearing in a recent balance sheet. $ Cash and short-term investments Receivables Inventories Prepaid expenses and other current assets Total current liabilities Total liabilities Total stockholders' equity 47 156 71 38 133 203 348 (8 01:26:21 Dollar amounts stated above are in millions. a-1. Using the information above, compute the amounts of Roy's Toys quick assets. (Enter your answer in millions of dollars.) a-2. Using the information above, compute the amounts of Roy's Toys total current assets. (Enter your answer in millions of dollars.) b-1. Compute for Roy's Toys quick ratio. (Round your answer to 1 decimal place.) b-2. Compute for Roy's Toys current ratio. (Round your answer to 1 decimal place.) b-3. Compute for Roy's Toys dollar amount of working capital. (Enter your answer in millions of dollars.) Quick assets million Total current assets million Quick ratio to 1 Sie Current ratio to 1 Working capital millionStep by Step Solution
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