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Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778 تمرين 30
Measures of Liquidity
Some of the accounts appearing in the year-end financial statements of Rogand Grocery, Inc., appear below. This list includes all of the company's current assets and current liabilities.
Instructions
a. Prepare a schedule of the company's current assets and current liabilities. Select the appropriate items from the preceding list.
b. Compute the current ratio and the amount of working capital. Explain how each of these measurements is computed. State, with reasons, whether you consider the company to be in a strong or weak current position.
Some of the accounts appearing in the year-end financial statements of Rogand Grocery, Inc., appear below. This list includes all of the company's current assets and current liabilities.
Instructions
a. Prepare a schedule of the company's current assets and current liabilities. Select the appropriate items from the preceding list.
b. Compute the current ratio and the amount of working capital. Explain how each of these measurements is computed. State, with reasons, whether you consider the company to be in a strong or weak current position.
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Current assets are part of company's ass...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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