PA13. LO 5.3 Using the following Balance Sheet summary information, for the two years presented calculate: A. working capital B. current ratio 12/31/2018 12/31/2019 Current assets $101,600 $97,350 Current liabilities 33,650 32,800

PA13. LO 5.3 Using the following Balance Sheet summary information, for the two years presented calculate: A. working capital B. current ratio 12/31/2018 12/31/2019 Current assets $101,600 $97,350 Current liabilities 33,650 32,800

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter12: Capital Structure

Section: Chapter Questions

Problem 1PROB

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Question

PA13. LO 5.3 Using the following Balance Sheet summary information, for the two years presented calculate:
A. working capital
B. current ratio
12/31/2018
12/31/2019
Current assets
$101,600
33,650
$97,350
Current liabilities
32,800

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