Income Taxes Payable $ 51,250Cash 20,000Notes Payable, 10% , due 6/2/2018 1,000Accounts Receivable 267,500Equipment 950,000Accounts Payable 104,400Inventory 85,000Land 600,000Allowance for Doubtful Accounts 2,000Discount on Notes Payable 150Notes Receivable, maturity 2/1/2024 5,000Current Maturities of Long-Term Debt 6,900Unearned Revenue 4,320Interest Payable 1,010Wages Payable 6,000Marketable Securities 40,000Capital Stock 900,000REQUIRED:1. Compute Cole’s working capital.2. Compute Cole’s current ratio. What does this ratio indicate about Cole’s financial condition?
RECOMMENDED!!Income Taxes Payable $ 51,250
How it works
- Paste your instructions in the instructions box. You can also attach an instructions file
- Select the writer category, deadline, education level and review the instructions
- Make a payment for the order to be assignment to a writer
- Download the paper after the writer uploads it
Will the writer plagiarize my essay?
You will get a plagiarism-free paper and you can get an originality report upon request.
Is this service safe?
All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades
Recent Comments