Ch12 Q7

Please help with all 6 parts... I thumbs up!

Evansville Furniture Company has asked you to determine whether the company's ability to pay its current liabilities and long-term debts improved or deteriorated during 2018. Click the icon to view the financial statement data.) Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. a. Net working capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017. Net working capital 2018 2017 Data Table Average inventory Average net receivables Cash Current assets Current liabilities Income from operations Interest expense Inventory Net receivables Short-term investments Total assets Total liabilities 2018 2017 Cash S Short-term investments Re - 1. To answer this question, calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. Net working capital b. Current ratio Quick (acid-test) ratio d. Debt ratio e. Times-interest-earned ratio Summarize the results of your analysis. a. 35,000 $ 47,000 32,000 4,000 115,000 128,000 240,000 270,000 21,000 12,000 510,000 500,000 187,000 252,000 157,000 48,000 196,000 155,000 59,000 46,000 Net receivables. Inventory Prepaid expenses Total assets Total current liabilities Long-term debt. Income from operations Interest expense Print Done Print Done 6 parts Clear All Check Answer remaining