{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T19:12:58-04:00", "answer_date": "2024-05-27 19:12:58", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1797142", "url": "\/study-help\/questions\/evans-incorporated-had-current-liabilities-at-april-30-of-275000-1797142", "question_creation_date_js": "2024-05-27T19:12:58-04:00", "question_creation_date": "May 27, 2024 07:12 PM", "meta_title": "[Solved] Evans Incorporated had current liabilitie | SolutionInn", "meta_description": "Answer of - Evans Incorporated had current liabilities at April 30 of $275,000. The firm's current ratio at that date was 2.1. Req | SolutionInn", "meta_keywords": "evans,incorporated,current,liabilities,april,30,$275,000,firm,s,ratio,date,2.1", "question_title_h1": " Evans Incorporated had current liabilities at April 30 of $275,000. The firm's current ratio at that date was 2.1. Required: a. Calculate the firm's", "question_title": " Evans Incorporated had current liabilities at April 30 of $275,000. The", "question_title_for_js_snippet": "Evans Incorporated had current liabilities at April 30 of $275,000 The firm's current ratio at that date was 2 1 Required a Calculate the firm's current assets and working capital at April 30 b Assume that management paid $27,500 of accounts payable on April 29 Calculate the current ratio and working capital at April 30 as if the April 29 payment had not been made Note Round Current ratio answer to 2 decimal places c Identify the changes, if any, to working capital and the current ratio that would be caused by the April 29 payment a Current assets a Working capital b Current ratio b Working capital c Working capital c Current ratio", "question_description": "\"image", "transcribed_text": "Evans Incorporated had current liabilities at April 30 of $275,000. The firm's current ratio at that date was 2.1. Required: a. Calculate the firm's current assets and working capital at April 30. b. Assume that management paid $27,500 of accounts payable on April 29. Calculate the current ratio and working capital at April 30 as if the April 29 payment had not been made. Note: Round \"Current ratio\" answer to 2 decimal places. c. Identify the changes, if any, to working capital and the current ratio that would be caused by the April 29 payment. a. Current assets a. Working capital b. Current ratio b. Working capital c. Working capital c. Current ratio", "related_book": { "title": "Intermediate Accounting", "isbn": "978-1118159644, 9781118562185, 1118159640, 1118147294, 978-1118147290", "edition": "15th edition", "authors": "Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/253.jpg", "uri": "\/textbooks\/intermediate-accounting-15th-edition-253", "see_more_uri": "" }, "free_related_book": { "isbn": "1641379952", "uri": "\/textbooks\/a-power-of-your-own-how-to-ignite-your-potential-uncover-your-purpose-and-blaze-your-own-trail-in-life-and-business-1st-edition-978-1641379953-169162", "name": "A Power Of Your Own How To Ignite Your Potential Uncover Your Purpose And Blaze Your Own Trail In Life And Business", "edition": "1st Edition" }, "question_posted": "2024-05-27 19:12:58", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/i-is-for-increasing-the-balance-if-it-is-positive-428396", "description": "Instructions In simplified form, you are going to be producing a script. 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