llc had cash of 200000 accounts receivable of 150000 plant and equipment of 360000 inventory of 85000 and other assets of 90000. Liabilities consisted of long trem debt of 350000 non current notes payable of 65000 accounts payable of 140000 and accrued expenses of 65000 the controller needs you to calculate the working capital and the current raito?

Answer rating: 100% (QA)

To calculate the working capital and the current ratio well first compute the current assets and cur... View the full answer