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Compute for roys toys quick ratio

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Reference no: EM132493347

Roy's Toys is a manufacturer of toys and children's products. The following are selected items appearing in a recent balance sheet.

Cash and short-term investments$45

Receivables 152

Inventories 78

Prepaid expenses and other current assets 33

Total current liabilities 136

Total liabilities 197

Total stockholders' equity 349

  • Dollar amounts stated above are in millions.

Question a-1. Using the information above, compute the amounts of Roy's Toys quick assets. (Enter your answer in millions of dollars.)

Question a-2. Using the information above, compute the amounts of Roy's Toys total current assets. (Enter your answer in millions of dollars.)

Question b-1. Compute for Roy's Toys quick ratio. (Round your answer to 1 decimal place.)

Question b-2. Compute for Roy's Toys current ratio. (Round your answer to 1 decimal place.)

Question b-3. Compute for Roy's Toys dollar amount of working capital. (Enter your answer in millions of dollars.)

Reference no: EM132493347

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