Accounting: What the Numbers Mean
Accounting: What the Numbers Mean
11th Edition
ISBN: 9781259535314
Author: David Marshall, Wayne William McManus, Daniel Viele
Publisher: McGraw-Hill Education
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Chapter 3, Problem 3.5ME

Mini-Exercise 3.5

LO 6

Calculate current liabilities and working capital Firm N has a current ratio of 1.7 and current assets of $141,100,

Required:

Calculate Firm N’s current liabilities and working capital.

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Financial ratio analysis; Author: The Finance Storyteller;https://www.youtube.com/watch?v=MTq7HuvoGck;License: Standard Youtube License