Yahoo! Inc.s 2006 financial statements contain the following selected data (in thousands). Current assets ... $3,449,533 Current

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Yahoo! Inc.’s 2006 financial statements contain the following selected data (in thousands).

Current assets ... $3,449,533

Current liabilities . $1,204,052

Total assets .... 10,831,834

Total liabilities .... 2,265,419

Compute

(a) Working capital and

(b) Current ratio.


Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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