Financial Accounting
Financial Accounting
5th Edition
ISBN: 9781618531650
Author: Thomas Dyckman
Publisher: Cambridge Business Publishers
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Chapter 2, Problem 55P

a.

To determine

Calculate the missing balance sheet amounts for the four years.

b.

To determine

Identify the type of accounts that can be included in current assets and in non-current assets.

c.

To determine

Calculate Corporation K’s working capital and current ratio for the year 2013 and 2014.

d.

To determine

Comment on Corporation K’s liquidity measures associated to the industry.

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