Current assets and current liabilities for HQ Properties Company follow: a. Determine the working capital and current

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Current assets and current liabilities for HQ Properties Company follow:

a. Determine the working capital and current ratio for 2019 and 2018.
b. Does the change in the current ratio from 2018 to 2019 indicate a favorable or an unfavorable change?

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Accounting

ISBN: 978-1337899451

27th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Question Posted: May 08, 2017 11:27 AM

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Current assets and current liabilities for HQ Properties Company follow: a. Determine the working capital and current

Question:

Current assets Current liabilities 2019 $2,175,000 1,500,000 2018 1,900,000 1,250,000

Step by Step Answer:

a 2019 2018 Current assets 2175000 1900000 Current ...View the full answer

Accounting

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