please answer these questions QUESTION 1 Selected information from a company's balance sheet follows Long term debt $ 140 Retained earnings 130 Current assets 275 Property, plant, and equipment 160 Common stock 530 Current liabilities 75 Working capital is $250 $230 $220 $200 QUESTION 2 Current liabilities are defined as obligations that will be paid by refinancing through issuing new long term liabilities by using existing resources properly classified as current assets out of a fund classified as a long term investment by using existing resources, regardless of their classification QUESTION 3 Which of the following formulas represents working capital current assets current liabilities quick assets current liabilities current assets current liabilities quick assets current liabilities QUESTION 4 Activities between affiliated entities such as subsidiaries must be disclosed in the financial statements of a corporation as segment analysis significant events related party transactions contingent activities QUESTION 5 The ease with which an asset can be converted into cash is termed financial flexibility liquidity operating capability capital maintenance

Question: please answer these questions QUESTION 1 Selected information from a company's balance sheet follows: Long-term debt $ 140 Retained earnings 130 Current assets 275 Property,

please answer these questions

QUESTION 1

Selected information from a company's balance sheet follows:

Long-term debt	$ 140
Retained earnings	130
Current assets	275
Property, plant, and equipment	160
Common stock	530
Current liabilities	75

Working capital is

QUESTION 2

Current liabilities are defined as obligations that will be paid

		by refinancing through issuing new long-term liabilities
		by using existing resources properly classified as current assets
		out of a fund classified as a long-term investment
		by using existing resources, regardless of their classification

QUESTION 3

Which of the following formulas represents working capital?

		current assets - current liabilities
		quick assets - current liabilities
		current assets current liabilities
		quick assets current liabilities

QUESTION 4

Activities between affiliated entities such as subsidiaries must be disclosed in the financial statements of a corporation as

QUESTION 5

The ease with which an asset can be converted into cash is termed

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