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D Question 22 5 pts Use the information that follows from the financial statements of Pines Company at December 31, 2017, to answer questions that
D Question 22 5 pts Use the information that follows from the financial statements of Pines Company at December 31, 2017, to answer questions that follow. Accounts payable Accounts receivable Capital stock Cash Inventory Land Notes payable (short-term) Cost of goods sold Retained earnings Sales revenue $ 2,000 3,000 8,000 5,000 19.000 24,000 5.000 12.000 21.000 20,000 1. Calculate total current assets for Pines Company at December 31, 2017 2. Calculate total current liabilities for Pines Company at December 31, 2017. 3. Calculate total working capital for Pines Company at December 31, 2017. 4. Calculate the current ratio for Pines Company at December 31, 2017 5. Calculate the quick ratio for Pines Company at December 31, 2017. HTML Editor 11 TTEX X
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