An organization has current assets of $365,725,000 and current liabilities of $131,339,000. Note: For numeric responses, do not include commas (i.e., 1,000 should be entered as 1000). Round ratio responses to the nearest one hundredth (i.e., 1 would be 1.00). What is the amount of working capital? $ What is the working capital ratio?
An organization has current assets of $365,725,000 and current liabilities of $131,339,000. Note: For numeric responses, do not include commas (i.e., 1,000 should be entered as 1000). Round ratio responses to the nearest one hundredth (i.e., 1 would be 1.00). What is the amount of working capital? $ What is the working capital ratio?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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can you answer both for me please
Transcribed Image Text:An organization has current assets of $365,725,000 and current
liabilities of $131,339,000. Note: For numeric responses, do not
include commas (i.e., 1,000 should be entered as 1000). Round ratio
responses to the nearest one hundredth (i.e., 1 would be 1.00).
What is the amount of working capital? $
What is the working capital ratio?
Question 11
The Balance Sheet is easier to interpret than the Income Statement.
O True
False
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