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Oassified Baiance Sheet Jerrison Company operates a wholesale hardware business. The following balance sheet accounts and balances are available for Jerrison at December 31 .

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Oassified Baiance Sheet Jerrison Company operates a wholesale hardware business. The following balance sheet accounts and balances are available for Jerrison at December 31 . 2. Compute Jerrisony working captal and current ratio at December 31 . Round the current ratio answer to two dectral places. Working Capial Current Fatio 3. Conceptua Connection: If Jernwon's management is concerned that a large portion of its inventory is obsolete and cannot be sold, how will Jerrison's liquidity be affected? If a large portion of inventory cannst be sold, Jerrisen wal sufficienk cash flow to pay its obligotions as they Become due: 3 more Check Ny Wos uses menaning

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