Question: For J&W Graphics Supply, compute the current ratio. Is this a financially healthy company? Explain. J & W Graphics Supply Balance Sheet Data (thousands) Assets
J & W Graphics Supply Balance
Sheet Data (thousands)
Assets
Cash .......................................... $1740
Inventories .................................. 900
Accounts receivable ....................... 2500
Bad debt provision ........................ - 75
Liabilities
Notes payable .............................. 500
Accrued expenses ......................... 125
Accounts payable ......................... 1050
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Total current assets 1740 900 2500 75 5065 ... View full answer
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