2023 Instructions Read the problemn and complete all the questions included below Submit your answers on | Assignments Online
2023 Instructions Read the problemn and complete all the questions included below Submit your answers on | Assignments Online
Assignments Online 2023 Business & Finance
Instructions:
- Read the problemn and complete all the questions included below.
- Submit your answers on a Word (.doc) or Excel (.xls) document. Handwritten submittals will not be accepted.
- Check the Rubric
As a consultant for Acme Engineering you have been able to establish the following parameters from their Financial Statements:
Item
Amount
Cash
$200,000
Securities
$90,000
Accounts Receivable
$300,000
Inventories
$400,000
Prepaid Expenses
$16,000
Accounts Payable
$630,000
Other Liabilities
$180,000
Calculate the following parameters:
- Total Assets
- Total Liabilities
- Working Capital
- Current Ratio
- Acid Test Ratio
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