Robin Sporting Goods reported the following data at July 31, 2018, with amounts in thousands: 1. Calculate
Question:
Robin Sporting Goods reported the following data at July 31, 2018, with amounts in thousands:
1. Calculate Robin’s net working capital.
2. Calculate Robin’s current ratio. Round to two decimal places.
3. Calculate Robin’s debt ratio. Round to two decimal places.
Do these values and ratios look strong, weak, or in between?
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Related Book For
Financial Accounting
ISBN: 978-0134725987
12th edition
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
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