The following data are taken from the balance sheet of Kellogg Company. The data are arranged in
Question:
The following data are taken from the balance sheet of Kellogg Company. The data are arranged in alphabetical order.
Compute Kellogg's
(a) current ratio and
(b) working capital.
Transcribed Image Text:
Accounts payable $43,000 Other current liabilities $12,000 Accounts receivable Cash 68,000 Retained earnings 86,000 55,000 Wages payable 27,000
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Related Book For
Financial Accounting
ISBN: 9780471169208
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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