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Chapter 10 Do It Liabilities Due Friday by 11:59pm Points 10 Submitting an external tool Question 4 --/1 View Policies Current Attempt in Progress Windsor
Chapter 10 Do It Liabilities Due Friday by 11:59pm Points 10 Submitting an external tool Question 4 --/1 View Policies Current Attempt in Progress Windsor Company provides you with the following balance sheet information as of December 31, 2019 Current assets Long-term assets $10.600 Current liabilities 25.650 Long-term liabilities Stockholders equity $36,250 Total liabilities and stockholders' equity $13.600 9,050 13,600 $36,250 Total assets In addition Windsor reported net income for 2019 of $16.400.income tax expense of $3200, and interest expense of $1.350. (Round ratios to 2 decimal places, eg, 2.75-1. Enter negative amounts using either a negative sign preceding the numberes -45 or parentheses eg. (451) (a) Compute the current ratio and working capital for Windsor for 2019. Current ratio Working capital (b) Assume that at the end of 2019. Windsor used $3,100 cash to pay off $3,100 of accounts payable. How would the current ratio and working capital have changed? Current ratio -1 Working capital Compute the debt to assets ratio and the times interest earned ratio for Windsor for 2019. Debt to assets ratio Times interest earned ratio Imthool and hindi
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