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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 Inventories Prepaid expenses and other current assets Total current liabilities Total liabilities Total stockholders! equity 46 153 22 37 132 199 348 Dollar amounts stated above are in millions. 8-1. 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.) Quick assets million Total current assets million - 1. a 2 b 1 b 2 b 3 Quick ratio to 1 Current ratio to 1 Working capital million
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