Current Ratio Baldwin Corp. reported the following current accounts at the end of two recent years: December 31, 2017 December 31, 2016 Cash $2,350 $4,700 Accounts receivable 15,000 10,000 Inventory 8,000 7,000 Accounts payable Wages payable Notes payable 12,000 12,000 2,000 6,000 1,000 4,000 Required: 1. The current ratio for December 31, 2017 and for December 31, 2016, respectively are: Increasing by 2. Baldwin's liquidity has the at the end of 2017 compared to the end of 2016 due to in current liabilities, cash and 3. The change in composition of the company's current assets at the end of 2017 compared to the end of 2016 reflects accounts receivable and inventory Current Ratio Baldwin Corp. reported the following current accounts at the end of two recent years: December 31, 2017 December 31, 2016 Cash 52,350 $4,700 Amounts receivable 15.000 10,000 Inventory 12,000 8,000 Accounts payable 12,000 7,000 Wages payable 2,000 1,000 6,000 4,000 Required: 1. The current for December 31, 2017 and for December 31, 2016, respectively 1.47 and 1.69, respectively 217 and 1 at the end of 2017 compared to the end of 2016 to 4.89 and respectively 3 6.89 and 1.3. respectively the company's current assets at the end of 2017 compared to the end of 2016 reflects 6.3 and 4.9. respectively and inventory resung by cath and A @ MacBook Air A 2 $ 4 % 5 & 7 6 * 8 9 0 W E R T Y C C O S D F G H K L N > C V B N. M 4P 01 command command option Cash $2,350 $4,700 Accounts receivable 15,000 10,000 Inventory 12,000 8,000 Accounts payable 12,000 7,000 Wages payable 2,000 1,000 Notes payable 6,000 4,000 Required: 1. The current ratio for December 31, 2017 and for December 31, 2016, respectively are: 1.47 and 1.89, respectively increasing 2. Baldwin's liquidity has at the end of 2017 compared to the end of 2016 due to the in current liabilities. increased 3. The change in compost current assets at the end of 2017 compared to the end of 2016 reflects decreased ac Inventory stayed the same 8 A A @ MacBook Air 90 COD TH A * # 3 % 5 & 7 4 6 8 9 0 W E R T Y 0 S D F G H J K L C O 0 1 G H J L Baldwin Corp. reported the following current accounts at the end of two recent years: December 31, 2017 December 31, 2016 Cash $2,350 $4,700 Accounts receivable 15,000 10,000 Inventory 12,000 8,000 Accounts payable 12,000 7,000 Wages payable 2,000 1,000 Notes payable 6,000 4,000 Required: 1. The current ratio for December 31, 2017 and for December 31, 2016, respectively are: 1.47 and 1.89, respectively ind 2. Baldwin's louidity has at the end of 2017 compared to the end of 2016 due to in current abilities 3. less than composition of the company's current assets at the end of 2017 compared to the end of 2016 reflects accounts receivable and inventory more than the same as 8 A MacBook Air A 2 # 3 $ 4 % 5 6 & 7 * 8 9 0 W E R T Y U O P S S D F H. J L X C V B N M Baldwin Corp. reported the following current accounts at the end December 31, 2017 December 31, 2016 12,350 $4,700 Accounts receivable 15,000 10,000 Inventory 12,000 8,000 Accounts payable 12.000 7.000 Wages payable 2,000 1,000 Notes payable 6,000 4,000 Required: 1. The current ratio for December 31, 2017 and for December 31, 2016, respectively are: 1.47 and 1.89, respectively increasing by 2. Baldwin's liquidity has the at the end of 2017 compared to the end of 2016 due to In current liabilities 3. The change in composition account Increases current assets at the end of 2017 compared to the end of 2016 reflects Ind inventory decrease no change 8 MacBook Air COO IN A * # 3 $ 4 % 5 6 & 7 6 8 9 0 E R T Y U O P D F G H J L a C V B N. M . wing current accounts at the end of two recent years: mber 31, 2017 December 31, 2016 $2,350 $4,700 15,000 10,000 12,000 8,000 12,000 7,000 2.000 1,000 6,000 4,000 nber 31, 2017 and for December 31, 2016, respectively are: less more gby the same at the end of 2017 compared to the end of 2016 due to in current abilities n of the company's current assets at the end of 2017 compared to the end of 2016 reflects nts receivable and inventory cash and 9 MacBook Air FE + 11 delete * & 7 9 0 8 6 0 Y U T retu K L J H > @ 2 A # 3 $ 4 % 5 6 & 7 * 8 9 W E R T 1 O S D F H J L 1