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City A's balance sheet is shown in the table below. Calculate the following: current ratio; working capital; quick ratio; and the common-size ratios for cash,
City A's balance sheet is shown in the table below. Calculate the following: current ratio; working capital; quick ratio; and the common-size ratios for cash, advance payments, receivables, and restricted assets to fill in the yellow highlighted areas.
Assets Cash Investments City A 294,203 1,789,353 Receivables 379,756 Inventory 21,358 Other Non Current Assets 32,249 Capital Assets at cost Non-depreciable 1,993,589 Depreciable net 2,741,898 Total Assets 7,252,406 Liabilities Accounts Payables 97,899 Trust Liabilities and Deposits 37,628 Advance Payments 18,460 Matured Bonds Payable 90,640 Interest Payable 68,827 Non Current Liabilities Due in less than one year 122,171 Due in more than one year 2,440,207 Total Liabilities 2,875,832 Net Assets Net Investment in Capital Asse 2,454,765 Restricted Assets 930,237 Unrestricted Assets 991,572 Total Net Assets 4,376,574 Total Liabilities & Net Assets 7,252,406
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