Business
Business, 23.04.2021 23:40, beverly8075

joe fellows is attempting to catergorize several items from his company's financal statements so he can determine his working capital. Joe noticies the following categories of accounts and amounts: cash, 3500; accounts payable, 10200; accounts receivible, 15000; sales taxes due the arizona department of revenue, 3450; inventory, 17500; wages payable, 5350; taxes payable (federal), 2570; money market fund, 12300; and computer, 3400. a) list accounts classified as current assets and as current liabilities b)determine the amount of gross working capital c) determine the amount of net working capital d) what is joe's current ratio?

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