Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.5.) Current assets $144,320 Total assets 738,000 Current liabilities 65,600 Total liabilities 410,000 (1) Current ratio enter ratio rounded to 1 decimal place : 1 (2) Working capital $enter a dollar amount

Based on the following information, compute the (1) current ratio and (2) working capital. (Round current ratio to 1 decimal place, e.g. 52.5.) Current assets $144,320 Total assets 738,000 Current liabilities 65,600 Total liabilities 410,000 (1) Current ratio enter ratio rounded to 1 decimal place : 1 (2) Working capital $enter a dollar amount

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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(1)		Current ratio		enter ratio rounded to 1 decimal place : 1
(2)		Working capital		$enter a dollar amount

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