Business, 14.02.2020 01:17 avablender

Data pertaining to the current position of Forte Company follow: Cash $412,500 Marketable securities 187,500 Accounts and notes receivable (net) 300,000 Inventories 700,000 Prepaid expenses 50,000 Accounts payable 200,000 Notes payable (short-term) 250,000 Accrued expenses 300,000Compute (A) the working capital, (B) the current ratio, and (C) the quick ratio . Round ratios to one decimal place.

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Data pertaining to the current position of Forte Company follow: Cash $412,500 Marketable securities...

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