Question: Problem 9. (10 points) Surround, Inc. provides the following data: Surround, Inc. Comparative Balance Sheet Dec. 31. 2019 $29.000 31,000 53,000 $113,000 120,000 $233.000 Assets
Problem 9. (10 points) Surround, Inc. provides the following data: Surround, Inc. Comparative Balance Sheet Dec. 31. 2019 $29.000 31,000 53,000 $113,000 120,000 $233.000 Assets Current Assets Cash and Cash Equivalents Account Receivable, Net Merchandise Inventory Total Current Assets Property, Plant, and Equipment, Net Total Assets Liabilities Current Liabilities: Accounts Payable Notes Payable Total Current Liabilities Long-term Liabilities Total Liabilities Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities and Stockholders' Equity $4300 2900 $7200 90,000 $97,200 $31,000 104,800 $135,800 $233,000 What is the company's current ratio for 2016? 15.69 What is the company's working capital? b. c. What is the company's quick ratio
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