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Description Amount (Rs.) Fixed Assets 2,000,000 Cash 100,000 Account Receivable 300,000 Inventory 800,000 Prepaid Insurance 60,000 Accounts Payable ??? Notes Payable 250,000 Wages Payble 50,000
Description Amount (Rs.) Fixed Assets 2,000,000 Cash 100,000 Account Receivable 300,000 Inventory 800,000 Prepaid Insurance 60,000 Accounts Payable ??? Notes Payable 250,000 Wages Payble 50,000 Long Term Liability 700,000 Stockholder Equity ??? Net Working Capital 660,000 Using the above data calculate and interpret, Current Ratio, Quick Ratio and Debt to Equity Ratio. In your opinion which is the best way to finance company? Support your answer with reasons and examples
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