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Data pertaining to the current position of Diaz Industries, Inc., are as follows: Cash $560,000 Temporary Investments 520,000 Accounts and notes receivable (net) 800,000 inventories
Data pertaining to the current position of Diaz Industries, Inc., are as follows:
Cash $560,000
Temporary Investments 520,000
Accounts and notes receivable (net) 800,000
inventories 900,000
prepaid expenses 100,000
accounts payable 800,000
notes payable (short-term) 700,000
accrued expenses 300,000
compute working capital, current ratio, and quick ratio
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