=+11. a. $300,000 100,000 $300,000 120,000 Current Year Preceding Year Current assets: Cash, marketable securities, and receivables
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=+11. a.
$300,000 100,000
$300,000 120,000 Current Year Preceding Year Current assets:
Cash, marketable securities, and receivables $35,000 Inventories 55,000 Total current assets $90,000 Current liabilities 50,000 Working capital $40,000 TT toml Hasthe current position improved? Explain.
$36,000 42,000
$78,000 30,000
$48,000
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