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ols tory Gillian Institute Corp.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Gillian Institute Corp.'s balance sheet
ols tory Gillian Institute Corp.'s CFO has decided to take a closer look at the firm's short-term assets and liabilities. Gillian Institute Corp.'s balance sheet follows. Balance Sheet Cash Accounts receivable Inventory Total current assets Net plant and equipment Total assets $120,000 $170,000 $200,000 $490,000 $700,000 $1,190,000 Accounts payable Accruals Notes payable Total current liabilities Gillian Institute Corp.'s current ratio is Long-term debt Total common equity Total liabilities and equity The value of Gillian Institute Corp.'s working capital is The value of Gillian Institute Corp.'s net operating working capital is 1 $145,000 $90,000 $120,000 $355,000 $525,000 $310,000 $1,190,000 while its net working capital is If Gillian Institute Corp. decides to purchase a new building with long-term debt, its current ratio will
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