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Tolbert Furniture Company has requested that you detemine whether the company's abuty to pay its current labibties and lang erm debts mprowed or detenoratedRequirement during
Tolbert Furniture Company has requested that you detemine whether the company's abuty to pay its current labibties and lang erm debts mprowed or detenoratedRequirement during 2014 . To answer this question, compute the fellowing ratios for 2014 and 2013: (Round your answers too decimal piaces. Workina capital Current ratio Quick (acd test rabo Dabt ratio EER (Click tha icon to visw the fnancial statemant data) Summarize the resuits of your anelysis. Compute he following ratios fur 2014 and 2013. IRound your answers to two decmal places. a. Wrkng caprtal select the tomu and then enter the amounts to calculate the working capti tur 2014 and 2013. Data Tabla Working capitel 2013 2014 2013 h. Current ratio Select the formula and then enter the amounts to caloulate the current ratio for 2014 and 2013 term nvectment 27,000 1.000 21 000 127000 nvantor - Current ratio Total assats Total current llabiITAS 2014 2013 G. Quick (acd-ast) ratio Salact tha formuia and then enter the amounts to calculate the quick (acid-test) ratio fer 2014 and 2013 (Abbravlations usad Ag-avarag, Op- operations, and ST-shor-tam 10,000 530,000 187,000 262,000 157.000 151,000 91,000 130,000 41000 4.000 Long-term delo ncome from operations Quick raio Print Dona 2014 2013
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