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What is total current liabilities

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Reference no: EM133016335

Question - Using the following info to determine the following ratio

Cash 10,000

AR 200,000

AP 50,000

Inventory 20,000

Income Tax Payable 30,000

Prepaid Expense 10,000

Accured Expense 40,000

Current Portion - Long term Debt 100,000

Wages Payable 30,000

Stocks - marketable 25,000

Allowane for doubtful debts 5,000

Required -

1) What is total current asset?

2) What is total current liabilities?

3) What is net working capital?

4) What is total current ratio?

Reference no: EM133016335

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