Question: Please help ASAP- will thumbs up your answer. Current Attempt in Progress Wildhorse Co. provides you with the following balance sheet information as of December
Please help ASAP- will thumbs up your answer.
Current Attempt in Progress Wildhorse Co. provides you with the following balance sheet information as of December 31, 2025. In addition, Wildhorse reported net income for 2025 of $16,000, income tax expense of $3,072, and interest expense of $1,248. (a) Compute the current ratio and working capital for Wildhorse for 2025. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)
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