Homework Answers
Ans:
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a |
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Current assets = 79900*1.9= |
151810 |
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Working capital = 151810-79900= |
71910 |
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b |
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Current ratio = (151810+14400)/(79900+14400)= |
1.76 |
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Working capital =(151810+14400)-(79900+14400)= |
71910 |
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c |
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Working capital = 0 |
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Current ratio = 1.76-1.90 = -0.14 |
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166210/94300
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