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Mawson Lakes Inc. financial data for the year 2019 is shown in the table below. Category Dollar Amount Cash $800,000 Accounts receivable 1,000,000 Inventories 600,000

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Mawson Lakes Inc. financial data for the year 2019 is shown in the table below. Category Dollar Amount Cash $800,000 Accounts receivable 1,000,000 Inventories 600,000 Intangibles 100,000 Accounts payable 650,000 Accrued Expenses 180,000 Compute the current ratio from the financial data provided. Select one: a. 1.57 b. 1.78 c. Correct answer not displayed d. 2.72 BACK TO TO e. 2.89 Mawson Lakes Inc. financial data for the year 2019 is shown in the table below. Category Cash Accounts receivable Inventories Intangibles Accounts payable Accrued Expenses Dollar Amount $800,000 1,000,000 600,000 100,000 650,000 180,000 Determine the working capital for the company. Select one: c a. $1,570,000 b. $1,655,000 c. $1,470,000 d. $1,670,000 e. Correct answer not displayed BACK TO TOP Given: The financial data below for GMF Engineering in 2019. Category Cash Accounts receivable Inventories Prepaid expenses Accounts payable Long-term liabilities Dollar Amount $270,000 850,000 333,000 24,000 1,000,000 250,000 Determine the working capital for the company. Select one: a. $280,000 b. $453,000 c. Correct answer not displayed d. $190,000 BACK TO e. $400,000 Given: The financial data below for GMF Engineering in 2019. Category Cash Accounts receivable Inventories Prepaid expenses Accounts payable Long-term liabilities Dollar Amount $270,000 850,000 333,000 24,000 1,000,000 250,000 Compute the current ratio from the financial data provided. Select one: a. 1.17 O b. 1.45 C. 0.97 d. 0.86 e. Correct answer not displayed o BACK TO

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