Asked by Yakelin Zamora on Apr 26, 2024

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Refer to Multiple Enterprises, Inc. Compute the working capital ratio.

Working Capital Ratio

The amount of current assets that would remain if all a company’s current liabilities were paid immediately; total current assets / total current liabilities.

Balance Sheet

A financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

a financial statement that shows a company's revenues and expenses, and thus its profit or loss, over a specific period of time.

  • Understand and calculate working capital ratios.
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MW
Makaila WargaApr 30, 2024
Final Answer :
4.97:1