A. working capital 3. current ratio
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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QUESTION 3
Using the following Balance Sheet summary information, calculate for the two years presented:
A. working capital
B. current ratio
12/31/2018
Current Assets 76,000
Current
Liabilities
A
8
48,000
Suppies Expense
Unearned Fee Revenue
163,500
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
BIUS
Paragraph
Arial
EE
12/31/2019
295,000
EE
医用照 28 BE
V 10pt
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Transcribed Image Text:Question Completion Status:
QUESTION 3
Using the following Balance Sheet summary information, calculate for the two years presented:
A. working capital
B. current ratio
12/31/2018
Current Assets 76,000
Current
Liabilities
A
8
48,000
Suppies Expense
Unearned Fee Revenue
163,500
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
BIUS
Paragraph
Arial
EE
12/31/2019
295,000
EE
医用照 28 BE
V 10pt
X² X₂G
<> † {}
>¶¶<
K
KU
!!!
+]
+
!!!
ABC
>
>
S
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