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Problem 2 - 10 Points Given the information below, calculate the Working Capital and Current Ratio 1 Cash and marketable securities - $2,000,000 2 Accounts
| Problem 2 - 10 Points | |||
| Given the information below, calculate the Working Capital and Current Ratio | |||
| 1 | Cash and marketable securities - | $2,000,000 | |
| 2 | Accounts Receivable (Gross) - | $3,000,000 | |
| 3 | Accounts Payable - | $500,000 | |
| 4 | Accumulated Depreciation | 2,000,000 | |
| 6 | Inventory - | $4,000,000 | |
| 7 | Other Current Assets - | $1,000,000 | |
| 8 | Common Stock at Par Value - | $100,000 | |
| 9 | Current portion of long term notes - | $750,000 | |
| 10 | Other Current Liabilities - | $250,000 | |
| 11 | Goodwill - | $10,000,000 | |
| 12 | Long-Term debt - | $4,500,000 | |
| Working Capital | 5 (points for grade) | ||
| Current Ratio | 5(points for grade) | ||
| 10 (total) | |||
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Illustrating Finance Policy With Mathematica
Authors: Nicholas L. Georgakopoulos
1st Edition
3319953710, 978-3319953717
