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XYZ Corporation is a retail company that sells clothing and accessories. The company has provided the following information about its working capital for the current
XYZ Corporation is a retail company that sells clothing and accessories. The company has provided the
following information about its working capital for the current year:
Current Assets:
Cash: 10,000
Accounts Receivable: 50,000
Inventory: 80,000
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Total Current Assets: 140,000
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Current Liabilities:
Accounts Payable: 35,000
Short-term Loans: 20,000
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Total Current Liabilities: 55,000
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Using this information, answer the following questions:
1. What is the company's net working capital?
2. What is the current ratio of the company?
3. What is the quick ratio of the company?
4. What is the cash conversion cycle of the company?
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