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Evensen Furniture Company has asked you to determine whether the company's ability to pay its curre (Click the icon to view the financial statement data.)
Evensen Furniture Company has asked you to determine whether the company's ability to pay its curre (Click the icon to view the financial statement data.) Data Table Read the requirement. Calculate the following ratios for 2018 and 2017. Round your answers to two decimal places. a. Net working capital Cash................... .... $ .. Short-term investments ......... Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017. Net receivables ............... Current assets | Current liabilities | = Net working capital Inventory.................... 2018 229000 151000 Prepaid expenses ............. 2018 2017 23,000 $ 76,000 32,000 10,000 115,000 131,000 238,000 269,000 23,000 5,000 530,000 500,000 229,000 151,000 92,000 299,000 220,000 203,000 38.000 44.000 2017 | - Total assets Total current liabilities. ... Long-term debt...... LUNYLEITI U UL . . . . . . . . . . . . . . . . Income from operations ......... Interest expense. .............. Print Done
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