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Problems 1. ABC Corporation collected a $15,000 accounts receivable. What impact will this transaction have on working capital? 2. Amiable Industries has Cash of $80,000,

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Problems 1. ABC Corporation collected a $15,000 accounts receivable. What impact will this transaction have on working capital? 2. Amiable Industries has Cash of $80,000, Accounts receivable of $46,000, inventory of $22,000, equipment of $150,000 and accounts payable of $42,000. What is the company's: Working Capital Current ratio Quick ratio 3. Harambe Inc. reported sales of $415,000 and average total assets of $350,000, S90,000 of which is property, plant, and equipment. The company has net income of $95,000 and average stockholders' equity of $205,000 What is the company's asset turnover ratio? What is their Return on Investment? What is their ROE? O Ali 99 o

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