Question: The balance sheet for Shaver Corporation reported the following: total assets, $360,000; noncurrent assets, $239,000; current liabilities, $46,000; total stockholders equity, $92,000. Compute Shavers current
The balance sheet for Shaver Corporation reported the following: total assets, $360,000; noncurrent assets, $239,000; current liabilities, $46,000; total stockholders’ equity, $92,000. Compute Shaver’s current ratio and working capital.
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