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Roy's Toys is a manufacturer of toys and children's products. The following are selected items appearing in a recent balance sheet. Cash and short-term
Roy's Toys is a manufacturer of toys and children's products. The following are selected items appearing in a recent balance sheet. Cash and short-term investments Receivables $ 47 151 Inventories 76 Prepaid expenses and other current assets 35 Total current liabilities 134 Total liabilities Total stockholders' equity 198 348 Dollar amounts stated above are in millions. a-1. Using the information above, compute the amounts of Roy's Toys quick assets. (Enter your answer in millions of dollars.) a-2. Using the information above, compute the amounts of Roy's Toys total current assets. (Enter your answer in millions of dollars.) b-1. Compute for Roy's Toys quick ratio. (Round your answer to 1 decimal place.) b-2. Compute for Roy's Toys current ratio. (Round your answer to 1 decimal place.) b-3. Compute for Roy's Toys dollar amount of working capital. (Enter your answer in millions of dollars.) a- Quick assets million 1. a- Total current assets million 2. b- Quick ratio to 1 1. b- Current ratio to 1 2. b- Working capital million 3.
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