Asked by Yakelin Zamora on Apr 26, 2024
Verified
Refer to Multiple Enterprises, Inc. Compute the working capital ratio.
Working Capital Ratio
The amount of current assets that would remain if all a company’s current liabilities were paid immediately; total current assets / total current liabilities.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
Income Statement
a financial statement that shows a company's revenues and expenses, and thus its profit or loss, over a specific period of time.
- Understand and calculate working capital ratios.
Verified Answer
MW
Learning Objectives
- Understand and calculate working capital ratios.