Please answer the questions on the screen.
Exercise 4-16.
Homework Answers
| March 28, 2015 | March 29, 2014 | March 30, 2013 | |
| Current assets | 421,955 | 387,323 | 438,374 |
| Current liabilities | 223,239 | 197,627 | 214,031 |
| Working capital (Current assets - Current liabilities) | 198,716 | 189,696 | 224,343 |
| Current Ratio (Current assets/ Current liabilities) | 1.89 | 1.96 | 2.05 |
| March 28, 2015 | March 29, 2014 | March 30, 2013 | |
| Cash and Cash equivalents | 203,162 | 157,578 | 210,562 |
| Accounts receivable | 4,896 | 5,582 | 7,126 |
| Current liabilities | 223,239 | 197,627 | 214,031 |
| Acid test ratio {(Cash and cash equivalents + Accounts receivable)/ Current liabilities} | 0.93 | 0.83 | 1.02 |
| March 28, 2015 | March 29, 2014 | March 30, 2013 | |
| Working capital | 198,716 | 189,696 | 224,343 |
| Current Ratio | 1.89:1 | 1.96:1 | 2.05:1 |
| Acid test ratio | 0.93:1 | 0.83:1 | 1.02:1 |
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Please answer the questions on the screen.
Exercise 4-16.
March 28, 2015 $203,162 March 29, 2014...
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For gee-whiz devices calculate the following: working capital,
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