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ratio. 17-15 From the following data, taken from the balance sheet of Petra's Widget Factory, determine the working capital, current ratio, and quick ratio. $1

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ratio. 17-15 From the following data, taken from the balance sheet of Petra's Widget Factory, determine the working capital, current ratio, and quick ratio. $1 10,000 Cash 325,000 Net accounts and notes receivable 210,000 Retailers' inventories 6,000 Prepaid expenses Accounts and notes payable 300,000 00021 (short term) Accrued expenses 187,000

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