Uptown Sporting Goods reported the following data at July 31, 2014, with amounts adapted in thousands: 1.

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Uptown Sporting Goods reported the following data at July 31, 2014, with amounts adapted in thousands:



1. Compute Uptown’s net working capital.
2. Compute Uptown’s current ratio. Round to two decimal places.
3. Compute Uptown’s debt ratio. Round to two decimal places.
Do these values and ratios look strong, weak, ormiddle-of-the-road?

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Financial Accounting

ISBN: 978-0133427530

10th edition

Authors: Walter Harrison, Charles Horngren, William Thomas

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