Question: Brief Exercise 18-9 Your answer is partially correct. Try again Selected condensed data taken from a recent balance sheet of Heidebrecht Inc, are as follows.

Brief Exercise 18-9 Your answer is partially correct. Try again Selected

Brief Exercise 18-9 Your answer is partially correct. Try again Selected condensed data taken from a recent balance sheet of Heidebrecht Inc, are as follows. HEIDEBRECHT INC. Balance Sheet (partial) Cash Short-term investments Accounts receivable Inventory Other current assets Total current assets Total current liabilities 57,940,000 5,010,000 12,140,000 14,980,000 5,430,000 545,500,000 539,760,000 What are the (a) working capital, (b) current ratio, and (c) acid-test ratio? (Round ratios to 2 decimal places, e.g. 1.58: 1.) (a) Working capital (b) Current ratio (c) Acid-test ratio 5740000

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