Question: financial statement report in Excel, and answer the questions below. On March 31st, Mizael's had an inventory of $50,000, prepaid expenses of $25,000, cash $30,000,

financial statement report in Excel, and answer the questions below.

On March 31st, Mizael's had an inventory of $50,000, prepaid expenses of $25,000, cash $30,000, furniture and equipment valued at $35,000, they currently hold accounts payable of $7,600 and unrestricted net assets of $60,000.

Based on this information, calculate the following:

  • Net Current Assets
  • Long-term Assets
  • Total Assets
  • Total Current Liabilities
  • Total Net Assets
  • Total Liabilities and Net Assets
  • Current Ratio
  • Quick Ratio
  • Net Working Capital

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