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Graded Assignment Due Thursday 12.06.18 at 12:45 AM Attempts: Do No Harm: /5 1. Calculating working capital Aa Aa Roost and Sing Corp.'s CFO has
Graded Assignment Due Thursday 12.06.18 at 12:45 AM Attempts: Do No Harm: /5 1. Calculating working capital Aa Aa Roost and Sing Corp.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Roost and Sing Corp.'s balance sheet follows. Balance Sheet 200,000 Accounts payable $110,000Accruals Cash Accounts receivable Inventory Total current assets $170,000 $55,000 $135,000 $480,000 Total current liabilities $360,000 $350,000 10,00 Notes payabie Long-term debt Net plant and equipment $420,000 Total common equity $190,000 Total assets $900,000 Total liabilities and equity $900,000 The value of Roost and Sing Corp.'s working capital is while its net working capital is The value of Roost and Sing Corp.'s net operating working capital is Roost and Sing Corp.'s current ratio is If Roost and Sing Corp, decides to purchase inventory with long-term debt, its current ratio will
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