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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 $ 50 153 79 37 136 283 345 Dollar amounts stated above are in millions. 8-1. 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.) million a-1. a-2 Quick assets Total current assets million to 1 b-1. Quick ratio to 1 b-2. Current ratio million 16-3. Working capital
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