Question

Use Shoppers' financial statements to respond to the following:
a. Calculate the amount of working capital on December 31, 2011, January 1, 2011, and January 3, 2010.
b. Calculate the current ratio on December 31, 2011, January 1, 2011, and January 3, 2010.
c. By how much did working capital change between the end of fiscal 2011 and the end of fiscal 2010?
d. What does the information you calculated in (a) to (c) above tell you about Shop pers' liquidity?



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  • CreatedFebruary 26, 2015
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