Question: 6. WorkCap TimCo had the following balance sheet data at the end of 2020. (8 000) Cash Accts Rec. Inventory L.T. Plant + Equip Accts

 6. WorkCap TimCo had the following balance sheet data at the

6. WorkCap TimCo had the following balance sheet data at the end of 2020. (8 000) Cash Accts Rec. Inventory L.T. Plant + Equip Accts Pay bl 6mo Bank Loan 150 300 300 800 350 TimCo has how much Working Capital Equity 300 900 7.2 Ratios Using the data provided for TimCo above, Calculate TimCo's 1) the Current Ratio 2) Quick Ratio 8. CASH ABC Inc. had the following info on its Statement of Cash Flow for ending 2020 (8 000) Cash from Operation Cash from Investing Cash from Financing Ending Cash Balance $600 -200 -$250 $980 What was ABC Inc.'s Beginning Cash Balance amount? 9. Retain Using only the data below, what is the amount of Retained Earnings for the period? Sales Cost or All Other Interest Income Dividends Gds Sold Expenses Expense Tax Paid 2.500 1,500 200 50 150 200

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