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Use ratios to analyze a company's liquidity and solvency.?(Answers must be entered as formula) Blu, R., ? Alignment Number Conditional Format as Cell Cells

Use ratios to analyze a company's liquidity and solvency.?(Answers must be entered as formula)

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Blu, R., " ? Alignment Number Conditional Format as Cell Cells Editing Formatting Table Styles Paste Clipboard Fant A1 ? ?11 condensed financial statements for Games Galore are summarized below: 1 ondensed tnancial statements tor Games Galore are summanized below: 16 15 3alance Sheet 4 ash $ 185,000 143,000 59,000 134,000 5,880 341,880 407,000 895,400 748,880 5 ccounts Receivable, Net 6 ventory 7repaid Insurance B Total Current Assets 80,000 104,000 11,900 380,900 514,500 roperty and Equipment, Net 10 Total Assets 5 12 urrent Liabilities 13 ong-term Liabilities 14 Total Liabilities 15 ontributed Capital 16 etained Earnings 17 Total Stockholders' Equity 13 Total Liabilities and Stockholders Equity 19 20 come Statement 85,300$ 96,800 224,000 320,800 299,000 129,080 428,080 895,400 $748,880 284,000 369,300 299,000 227,100 526,100

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