DWv2 | Online teachi xGoogle Apps Monroe College x G how does gender issues affect t X G gender issues - Google Searchssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inprogress%3DfalseNPIOeBookCalculatorEffect of Transactions on Current Position AnalysisData pertaining to the current position of Newlan Company are as follows:Cash$ 80,000Temporary investments160,000Accounts and notes receivable (net)235,000Inventories190,000Prepaid expenses10,000Accounts payable158,000Notes payable (short-term)80,000Accrued expenses12,000Instructions:1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round the current ratio and the quick ratio to one decimal place.Working capitalCurrent ratioQuick ratio2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriatecolumn -CorriAarnach tran---+nn co aratelu and a5ctima that only that tranEAntinn ffocte tho data nian ahowa Cormat usrkingcanital ne hnleCheck My WorkPreviousNext3/2144irserk5.

1) a) Working capital = current assets – current liabilities Working capital = $675,000 - $250,000…

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Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter17: Financial Statement Analysis

Section17.2: Vertical Analysis Of A Balance Sheet

Problem 1OYO

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