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show work please. Question 2 John Roe is attempting to categorize several items from his company's financial statements so he can determine his working capital.
show work please.
Question 2 John Roe is attempting to categorize several items from his company's financial statements so he can determine his working capital. Joe notices the following categories of accounts and amounts: cash, $3697; accounts payable, $10346; accounts receivable. $14916; sales taxes due city of Phoenix, $673; sales taxes due the Arizona Department of Revenue, $3504; inventory, $16545; wages payable, $5443; taxes payable (federal), $2579; money market fund, $12187; and computer, $3528. What is the Current Ratio? (Round your answer to four decimals, i.e. 123.4567)Step by Step Solution
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