Question: Problem 2 - 10 Points Given the information below, calculate the Working Capital and Current Ratio 1 2 $3,200,000 $2,000,000 3 4 6 Cash and

 Problem 2 - 10 Points Given the information below, calculate the

Problem 2 - 10 Points Given the information below, calculate the Working Capital and Current Ratio 1 2 $3,200,000 $2,000,000 3 4 6 Cash and marketable seourities - Accounts Receivable (Gross) - Allowance for doubtful accounts Accounts Payable- Accumulated Depreciation Inventory- Other Current Assets - Common Stock at Par Value - Current portion of long term notes - Other Current Liabilities - Goodwill - Long-Term debt - 7 8 9 $2,800,000 2,500,000 $3,500,000 $1,000,000 $100,000 $1,000,000 $1,950,000 $10,000,000 $10,000,000 10 11 12 Answers go in the yellow boxes Working Capital Current Ratio 5 U 10

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