Question
d. Unpaid salaries at the end of January are $5,590 . table[[Requirement,table[[General],[Journal]],table[[General],[Ledger]],Trial Balance,table[[Income],[Statement]],Balance Sheet,Analysis]] Using the information from the requirements above, complete the 'Analysis' tab.
d. Unpaid salaries at the end of January are
$5,590
.\ \\\\table[[Requirement,\\\\table[[General],[Journal]],\\\\table[[General],[Ledger]],Trial Balance,\\\\table[[Income],[Statement]],Balance Sheet,Analysis]]\ Using the information from the requirements above, complete the 'Analysis' tab.\ Analyze the following features of Dynamite Fireworks' financial condition:\ (a) What is the amount of profit reported for the month of January?\ The amount of profit reported for the month of January is\
$
\ 7,735\ (b) Calculate the ratio of current assets to current liabilities (the current ratio) at the end of January.\ The ratio of current assets to current liabilities at the end of January is\ (c) Based on Dynamite Fireworks' profit and ratio of current assets to current liabilities, indicate whether Dynamite Fireworks appears to be in good or bad financial condition.\ Does the company appear to be in good or bad financial condition?
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