litt to what ent was sarasota equipment co able to show a mcre favorable balance sheet at decemb

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To what extent was Sarasota Equipment Co. able to show a more favorable balance sheet at December 31 by holding its cash book open? Compute working capital and the current ratio. Assume that the balance sheet that was prepared by the company showed the following amounts: Round ratios to 2 decimal places, e.g. 4.56. Dr. Cash $41,110 Accounts receivable $40,960 Inventory $72,370 Accounts payable $48,230 Other current liabilities $15,225 After Adjustment: Working capital Current ratio

          To what extent was Sarasota Equipment Co. able to show a more favorable balance sheet at December 31 by holding its cash book open? Compute working capital and the current ratio. Assume that the balance sheet that was prepared by the company showed the following amounts: Round ratios to 2 decimal places, e.g. 4.56.

Dr. Cash $41,110
Accounts receivable $40,960
Inventory $72,370
Accounts payable $48,230
Other current liabilities $15,225

After Adjustment:
Working capital
Current ratio

litt to what ent was sarasota equipment co able to show a mcre favorable balance sheet at december 31 by holding its cash book cpencompute working capital and the current ratio aasume that t 29492

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