Country Outfilter's 2017 Financial Statements Contained the Following Data (In

question 99

Essay

Country Outfilter's 2017 financial statements contained the following data (in millions). $$\begin{array} { l r l r } \text { Current assets } & \$ 16,890 & \text { Accounts receivable } & \$ 1,550 \\\text { Total assets } & 42,430 & \text { Interest expense } & 980 \\\text { Current liabilities } & 12,000 & \text { Income tax expense } & 1,270 \\\text { Total liabilities } & 32,580 & \text { Net income } & 2,230 \\\text { Cash } & 380 & &\end{array}$$ Instructions
Compute these values:
(a) Working capital. (b) Current ratio.

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Definitions:

Experience Of Flow

A state in which a person is fully immersed and involved in an activity, often leading to a sense of enjoyment and fulfillment.

Challenging Activities

Tasks or experiences that push individuals beyond their current abilities or comfort zones, promoting growth and learning.

Absorbed

Fully engrossed or preoccupied with something to the extent of being unaware of one's surroundings.

Happiness

A state of well-being and contentment characterized by feelings of joy, satisfaction, and fulfillment.