After reporting a profit of $20,000 for the year, a certain company reported the following items on its balance sheet: 
?
A)Calculate the current ratio and determine the amount of working capital.
B)Beyond the information provided in your answers to "A," what does the composition of the current assets tell you about the company's liquidity?
C)What other information would one need to fully access liquidity?
Definitions:
Q3: What are some weaknesses of performing time
Q6: Form that represents the company's annual report
Q63: Management's Discussion and Analysis<br>A)is a report of
Q65: Sold office building for cash.<br>A)Inflow from operating
Q78: Which one of the following is not
Q79: The stock repurchase payout ratio is calculated
Q98: Selected data from the financial statements of
Q114: The current assets of Rock Garden Gifts
Q144: Relationship between total liabilities and stockholders' equity.<br>A)Debt-to-equity
Q195: DuPont analysis recognizes that the return on