Question: could you explain the steps to do this problem Skipper Corporation Ratios Version 2 The items below, in alphabetical order, are from the records of
Skipper Corporation Ratios Version 2 The items below, in alphabetical order, are from the records of the corporation as of December 31 st. Calculate the following: 1. Working Capital 2. Current Ratio Accounts Payable Accounts Receivable Cash Cleaning Supplies Interest Payable Inventory Short Term Investments Note Payable, due in six months Prepaid Rent Taxes Payable Wages Payable \begin{tabular}{r|} 6400 \\ 10900 \\ 8500 \\ 560 \\ 2100 \\ 25000 \\ 7000 \\ 1400 \\ 2500 \\ 1800 \\ \hline 4500 \\ \hline \end{tabular}
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