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Problem D-part 2 Here are some figures from Jonas Entgerprises 2017 2018 Cash Accounts Receivable Prepaid Expenses Merchandise Inventory Equipment Furniture Accounts Payable Wages Payble

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Problem D-part 2 Here are some figures from Jonas Entgerprises 2017 2018 Cash Accounts Receivable Prepaid Expenses Merchandise Inventory Equipment Furniture Accounts Payable Wages Payble 3 month note Receivable 5 year bond payable 10000 6000 2000 45000 20000 13500 3000 5000 4000 25000 12000 8000 1000 35000 22000 15000 4000 3000 5000 25000 Compute 1) Working Capital 2) Current Ratio 3) Quick ratio (Also called asset test ratio) for BOTH 2017 & 2018 41 62.70 DNA

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