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please answer only decreased or increased in question E and F REKRE Segura Corporation had the following balances: Account Cash $18,500 Accounts receivable.. 86.000 Trucks
please answer only decreased or increased in question E and F
REKRE Segura Corporation had the following balances: Account Cash $18,500 Accounts receivable.. 86.000 Trucks 149,000 Equipment. 143,000 Accounts payable. 74.500 Salaries payable...... 124,000 Short-term notes payable.. 52.000 Unearned rent. 40.000 Long-term notes payable...... 109.500 Commissions earned, 46.000 Rent expense. 49.500 $60,500 111,500 61,500 158,000 38,000 96.000 106,000 18.000 132.500 123.500 122.500 RMN 9,00 a) Calculate the working capital for 2014 and 2013. Please make sure your final answer(s) are accurate to the nearest whole number 2014 2013 Working capital b) is the change in working capital favourable or unfavourable? The change in working capital is (select one) c) Calculate the current ratio for 2014 and 2013. Please make sure your final answer(s) are accurate to 2 decimal places 2014 2013 Current ratio d) Is the change in current ratio favourable or unfavourable? The change in current ratio is (select one) e) For the next two questions, assume that on the last day of 2014, the entire 574,500 balance in Accounts payable was paid off by cash How would the working capital have changed? The working capital would have (select one) 1) How would the current ratio have changed? The current ratio would have (select one)Step by Step Solution
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