Question: 2. Net working capital, working capital balances, and the current ratio Aa Aa Study the following balance sheet to help you prepare for your upcoming


2. Net working capital, working capital balances, and the current ratio Aa Aa Study the following balance sheet to help you prepare for your upcoming interview for an entry-level analyst position at Western Gas & Electric Company. Western Gas & Electric Company Balance Sheet $1,620,000 1,012,500 1,417,500 $4,050,000 22,950,000 $27,000,000 5,400,000 12,600,000 $18,000,000 $45,000,000 Cash Accounts receivable Inventoryy Total current assets $675,000 2,362,500 3,712,500 $6,750,000 Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total debt Common equity Retained earnings Net plant and equipment 38,250,000 Total equity Total liabilities and equity Total assets $45,000,000 During your interview for an introductory-level analyst position at Western Gas & Electric Company, the interviewer asks you to complete the following table using the information provided in the preceding balance sheet
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
