Question
Roys Toys is a manufacturer of toys and childrens products. The following are selected items appearing in a recent balance sheet. Cash and short-term investments
Roys Toys is a manufacturer of toys and childrens products. The following are selected items appearing in a recent balance sheet.
Cash and short-term investments | $ | 49 | |
Receivables | 150 | ||
Inventories | 75 | ||
Prepaid expenses and other current assets | 37 | ||
Total current liabilities | 135 | ||
Total liabilities | 199 | ||
Total stockholders' equity | 350 | ||
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.)
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