Balance sheet 2018 201구 2016 cash cash. Short term inestments net recievables inventory prepaid expenses total current assets accounts payable total current liabilities i38,000 65,000 91,000 15,000 79,000 97,000 21,000 82,000 76,000 65,000 62,000 13,000 269,000 35,000 10,000 280,000 S SI000 98,000 INCOME STATEMENT 492,000 net credit sales SOs,000 290,000 275,000
Balance sheet 2018 201구 2016 cash cash. Short term inestments net recievables inventory prepaid expenses total current assets accounts payable total current liabilities i38,000 65,000 91,000 15,000 79,000 97,000 21,000 82,000 76,000 65,000 62,000 13,000 269,000 35,000 10,000 280,000 S SI000 98,000 INCOME STATEMENT 492,000 net credit sales SOs,000 290,000 275,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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5 please find current ratio based on data below for 2017
Current assets/Current liabilities = current ratio
Write down numbers used
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