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What is the value of Accounts payable? What is the value of Accounts receivable? Calculate the following: Working capital Current ratio Quick ratio Solvency ratio
What is the value of Accounts payable? What is the value of Accounts receivable? Calculate the following:
Working capital
Current ratio
Quick ratio
Solvency ratio
Debt equity ratio
PLEASE I NEED JUST THE ANSWERES WITHOUT THE SOLUTION
$ $ Balance Sheet as at September 30, 2020 Assets Current Assets Cash Accounts Receivable Prepaid insurance Inventory Total current assets 22,000 ? 13,000 15,600 66,200 Non-current Assets Equipment Less: accummulated depreciation Total non-current assets Total Assets 200,000 50,000 150,000 216,200 ? Liabilities Current Liabilities Afcounts paybale Ynearned revenue Bank loan short term portion Total current liabilities 18,000 11,000 54,200 Long-term Liabilities Bank loan Total liabilities 90,000 144,200 72,000 Owner's Equity Total liabilities and canital 15200Step by Step Solution
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