Calculate the working capital ratio on the following information: cash = $14,870; accounts receivable = $22,108;...

 

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Calculate the working capital ratio on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000. Calculate the working capital ratio on the following information: cash = $14,870; accounts receivable = $22,108; prepaid $3,010; supplies = $927; equipment = $62,150; accumulated depreciation = 13,750; accounts payable = 28,000.

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i Working capital is the difference between a companys current assets and current li... View the full answer