For J&W Graphics Supply, compute the current ratio. Is this a financially healthy company? Explain. J&W Graphics

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                                      

Cash                                                    $1740

Inventories                                             900

Accounts receivable                           2500

Bad debt provision                                 75

Liabilities

Notes payable                                       500

Accrued expenses                                125

Accounts payable                              1050

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: