Current assets and current liabilities for Brayden Company are as follows:?? 20 Y 9 20 Y 8 Current assets $ 498 , 600 $ 532 , 400 Current liabilities 269 , 300 301 , 500 \begin{array} { | l | r | r | } \hline & { 20 \mathrm { Y } 9 } & { 20 \mathrm { Y } 8 } \\hline ext { Current assets } & \$ 498,600 & \$ 532,400 \\hline ext { Current liabilities } & 269,300 & 301,500 \\hline\end{array} Current assets Current liabilities 20 Y 9 $498 , 600 269 , 300 20 Y 8 $532 , 400 301 , 500 The change in working capital from 20Y8 to 20Y9 indicates that Brayden will no longer be solvent.

Question

Current assets and current liabilities for Brayden Company are as follows:??   20 Y 9 20 Y 8  Current assets  $ 498 , 600 $ 532 , 400  Current liabilities  269 , 300 301 , 500 \begin{array} { | l | r | r | } \hline  &  { 20 \mathrm { Y } 9 }  & { 20 \mathrm { Y } 8 } \\hline 	ext { Current assets }  &  \$ 498,600  &  \$ 532,400 \\hline 	ext { Current liabilities }  &  269,300  &  301,500 \\hline\end{array}  Current assets   Current liabilities  ​ 20 Y 9 $498 , 600 269 , 300 ​ 20 Y 8 $532 , 400 301 , 500 ​ ​   The change in working capital from 20Y8 to 20Y9 indicates that Brayden will no longer be solvent.

Anusha Bhetwal · Accepted Answer

Final Answer : False, Explanation :  The information provided does not give us enough context to determine whether Brayden will still be solvent or not. The change in working capital alone does not provide a complete picture of the company's financial health. Other factors such as profitability, cash flow, and debt levels also need to be considered.

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