Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello

تمرين 18

A recent balance sheet of Sweet as Sugar included the following items, among others. (Dollar amounts are stated in thousands.)
The company also reported total assets of $600,000, total liabilities of $90,000, and a return on total assets of 20.percent.
Instructions
a. Compute Sweet as Sugar's: ( 1 ) quick assets, ( 2 ) current assets, and ( 3 ) current liabilities.
b. Compute Sweet as Sugar's: ( 1 ) quick ratio, ( 2 ) current ratio, ( 3 ) working capital, and ( 4 ) debt ratio. (Round to one decimal place)
c. Discuss the company's liquidity from the viewpoints of ( 1 ) short-term creditors. ( 2 ) long -term creditors, and ( 3 ) stockholders.