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The Current Year-End Balance Sheet Data for a Company Are

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The current year-end balance sheet data for a company are shown below:
 Assets:  Cash $18,000 Marketable securities 45,000 Accounts receivable (net) 157,500 Merchandise inventory 139,500 Long-term investments 135,000 Plant assets (net) 517,500 Total assets $1,012,500 Liabilities and equity:  Accounts payable $168,700 Accrued liabilities 90,000 Notes payable (secured by plant assets) 234,800 Common stock ($12par) 180,000 Contributed capital in excess of par 135,000 Retained earnings 204,000 Total liabilities and equity $1,012,500\begin{array}{|l|r|}\hline \text { Assets: } \\\hline \text { Cash } & \$ 18,000 \\\hline \text { Marketable securities } & 45,000 \\\hline \text { Accounts receivable (net) } & 157,500 \\\hline \text { Merchandise inventory } & 139,500 \\\hline \text { Long-term investments } & 135,000 \\\hline \text { Plant assets (net) } & \underline { 517,500} \\\hline \text { Total assets } & \underline { \$ 1,012,500} \\\hline\\\hline \text { Liabilities and equity: }\\\hline \text { Accounts payable } & \$ 168,700 \\\hline \text { Accrued liabilities } & 90,000 \\\hline \text { Notes payable (secured by plant assets) } & 234,800 \\\hline \text { Common stock (\$12par) } & 180,000 \\\hline \text { Contributed capital in excess of par } & 135,000 \\\hline \text { Retained earnings } & 204,000 \\\hline \text { Total liabilities and equity } & \underline { \$ 1,012,500} \\\hline\end{array} Calculate this company's:
(1)Working capital
(2)Acid-test ratio

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Language Processes

Cognitive activities involved in the comprehension, use, and production of language, including listening, speaking, reading, and writing.

Cognitive Processes

Mental activities involved in acquiring, storing, retrieving, and using information, including perception, memory, reasoning, and language.

Memory And Attention

The interrelated cognitive processes where memory refers to the storage and retrieval of information and attention determines what information moves into focus.

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