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please answer all the questions (Analysis of assets) Your investment club has accumulated money and a friend suggests that you consider buying shares in GardenWare
please answer all the questions
(Analysis of assets) Your investment club has accumulated money and a friend suggests that you consider buying shares in GardenWare Products, which manufactures gardening tools and products. Because you may need to sell the shares within the next few years as part of the investment club's activities, you start your analysis of the company data by calculating (1) working capital, (2) the current ratio, and (3) the quick ratio. GardenWare's statement of financial position is as follows: What amount of working capital is currently maintained? What amount of working capital is currently maintained? Working capital $ eTextbook and Media Your preference is to have a quick ratio of at least 0.80 and a current ratio of at least 2.00. How do the existing ratios compare with your criteria? (Round answers to 2 decimal places, eg. 18.42.) Current ratio Quick ratio Step by Step Solution
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