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please help! i cant seem to figure it out! 1. Current assets: Cash $186,000 Temporary Investments 232,500 372,000 294,500 77,500 46,500 837,000 Accounts receivable (net)
please help! i cant seem to figure it out! 1. Current assets: Cash $186,000 Temporary Investments 232,500 372,000 294,500 77,500 46,500 837,000 Accounts receivable (net) Inventories Prepaid expenses Intangible assets Property, plant, and equipment Total current assets (net) Current liabilities: Accounts and short-term notes payable Accrued liabilities Total current liabilities Working capital $2,046,000 $189,000 216,000 (405,000) $1,641,000 2. Current ratio 5.1 $2,046,000+ $405,000 3. Quick ratio 5.4 51,023,000 + $189,000 There are errore in the calculation of the three marae of current position analele Datarmine the race amount Check My Work Prvi $189.000 a. There are errors in the calculation of the three measures of current position analysis. Determine the correct amounts, Round ratios to two decimal places. Working capital 1,641,00 X Current ratio 0.19 X Quick ratio 1.38 X
please help! i cant seem to figure it out!
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