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QS 17-7 Working capital and current ratio LO4 Using the information above, calculate the: a. Working capital b. Current ratio Accounts payable Accounts receivable. Buildings... Cash. Current portion of notes payable... $10,000 15,000 42,000 4,000 7,000 Non-current portion notes payable. Office supplies.. Prepaid insurance... Unearned revenue. Wages payable. $20,000 3,800 2,500 1,000 3,000

QS 17-7 Working capital and current ratio LO4 Using the information above, calculate the: a. Working capital b. Current ratio Accounts payable Accounts receivable. Buildings... Cash. Current portion of notes payable... $10,000 15,000 42,000 4,000 7,000 Non-current portion notes payable. Office supplies.. Prepaid insurance... Unearned revenue. Wages payable. $20,000 3,800 2,500 1,000 3,000

FINANCIAL ACCOUNTING
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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final q6 (5).jpg 20°C Sunny OS 17-7 Working capital and current ratio LO4 Using the information above, calculate the: a. Working capital b. Current ratio H Q Search 278 FO Accounts payable... O Accounts receivable. Buildings. Cash. Ⓒ Current portion of notes payable............. ⠀ $10,000 15,000 42,000 4,000 7,000 Ca Non-current portion notes payable. Office supplies. Prepaid insurance... Unearned revenue... Wages payable. H ») I. $20,000 3,800 2,500 1,000 3,000 zoom ✓ O Q Q ENG IN 100% 11:34 16-04-2023
Transcribed Image Text:final q6 (5).jpg 20°C Sunny OS 17-7 Working capital and current ratio LO4 Using the information above, calculate the: a. Working capital b. Current ratio H Q Search 278 FO Accounts payable... O Accounts receivable. Buildings. Cash. Ⓒ Current portion of notes payable............. ⠀ $10,000 15,000 42,000 4,000 7,000 Ca Non-current portion notes payable. Office supplies. Prepaid insurance... Unearned revenue... Wages payable. H ») I. $20,000 3,800 2,500 1,000 3,000 zoom ✓ O Q Q ENG IN 100% 11:34 16-04-2023
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