Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello

تمرين 2

Some of the accounts appearing in the year-end financial statements of Rogand Grocery, Inc., appear below.his list includes all of the company's current assets and current liabilities.

Instructions
a.repare a schedule of the company's current assets and current liabilities.elect the appropriate items from the preceding list.
b.ompute the current ratio and the amount of working capital.xplain how each of these measurements is computed.tate, with reasons, whether you consider the company to be in a strong or weak current position.