A. working capital 3. current ratio

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
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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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