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Roy's Toys is a manufacturer of toys and other 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 other 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 71 38 134 199 347 58 Dollar amounts stated above are in millions 3-1. Using the information above, compute the amount of Roy's Toys quick assets. (Enter your answer in millions of dollars.) a-2. Using the information above, compute the amount of Roy's Toys total current assets (Enter your answer in millions of dollars.) b-1. Compute for Roy's Toys the quick ratio (Round your answer to 1 decimal place.) b-2. Compute for Roy's Toys the current ratio. (Round your answer to 1 decimal place.) b-3. Compute for Roy's Toys the dollar amount of working capital (Enter your answer in millions of dollars.) -1 a-2 b.1 -2 b3 Quick assets Total current assets Quick ratio Current ratio Working capital million million to 1 to 1 million
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