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Question list Question 1 K Part 2 of 4 Win's Companies, a home improvement store chain, reported the following summarized figures: BEE (Click the
Question list Question 1 K Part 2 of 4 Win's Companies, a home improvement store chain, reported the following summarized figures: BEE (Click the icon to view the income statement.) Win's has 40,000 common shares outstanding during 2024. Read the requirements. (Click the icon to view the balance sheets.) Question 2 Balance Sheets Requirement 1. Compute Win's Companies' curre Begin by selecting the formula to calculate Win's places, XXX.) Points: 0.67 of 3 Sav Win's Companies Total current assets 2024 Balance Sheet May 31, 2024 and 2023 Assets Liabilities Income Statement 2024 2023 2024 2023 Cash $ 2,300 $ Win's Companies Income Statement Years Ended May 31, 2024 and 2023 Short-term Investments 24,000 1,200 Total Current Liabilities 14,000 Long-term Liabilities 5 22,000 S 13.000 13.700 12.900 Accounts Receivable 7,100 5,600 Total Liabilities 35,700 25,900 Merchandise Inventory 7,300 8,200 Stockholders' Equity 2024 2023 10,000 2,300 Other Current Assets Common Stock 10,000 10.000 Net Sales Revenue S 55,400 $ 38.000 24.400 50,700 Total Current Assets 50,700 31,300 Retained Earnings Cost of Goods Sold 20,600 29,300 33,000 29,000 48,000 34 400 All Other Assets Total Equity Interest Expense 200 140 $ 83,700 S 60,300 $ 83,700 $ 60,300 Total Assets Total Liabilities and Equity 5,800 7,100 All Other Expenses S 28,800 S 14,160 Net Income Print Done Question list Question 1 K Win's Companies, a home improvement store chain, reported the following summarized figures: BEE (Click the icon to view the income statement.) Win's has 40,000 common shares outstanding during 2024. Read the requirements. BE(Click the icon to view the balance sheets.) Question 2 Requirement 1. Compute Win's Companies' current ratio at May 31, 2024 and 2023. Begin by selecting the formula to calculate Win's Companies' current ratio. Then enter the amounts and calculate the current ratio for 2024 and then 2023. (Round your answers to two decimal places, XXX) Total current assets Total current liabilities Current ratio 2024 Requirements 1. Compute Win's Companies' current ratio at May 31, 2024 and 2023. 2. Did Win's Companies' current ratio improve, deteriorate, or hold steady during 20242 Print Done Clear all Ou Check answer 100) 9:03 PM 2/28/2026
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