> On December 31, 20--, the following selected accounts and amounts appeared on the balance sheet for Duncan Company. Determine the amount of the working capital and the current ratio. Building Prepaid Insurance Merchandise Inventory Store Equipment Unearned Fees Notes Payable (due in six months) Accumulated Depreciation, Building Accounts Payable Land Cash Store Supplies Accumulated Depreciation, Store Equipment Notes Receivable (due in four months) Mortgage Payable (current portion) Salaries Payable M. Duncan, Capital Mortgage Payable (due in four years) $180,000 1,800 85,000 11,000 1,200 6,000 62,000 25,000 50,000 50,000 1,400 8,000 1,500 4,400 1,600 161,500 86,000 Working Capital Current Ratio (Round your answer to two decimal places.) $ 0 0 X X :1 Previous Next

Beflding Mepald thourance Merchandise 1aventory Store Eeuipmern Unearned fees Notes Payable (cve in six months) Accumulated bepreciabon, Bulding Accourts Payable tand Cavin Gtare Suppics Accumilated Deprecation, store teulpment. Noter Aeceivable (due in four months). Mompege Parabe (Gurent portion) Selaries Ferabe 14. Duncery Capital Hotgage Finatie (dee in four veari) Wrorking Capital Curnere altee thound your ansaer to two stemal gares.) 16,000 1,800 35,000 18,000 1,200 6,000 62,600 25,000 50,670 50,000 1,400 3,000 1,500 4,400 1,600 163,500 36,060