FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: 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 2016 and 2017.

d.

To determine

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

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