Current ratio and working capital
The balance sheet of Red Missile Company contained the following items,among others: 
(a)From the above information compute:
(1)Current assets: $_______
(2)Current liabilities: $______
(3)The current ratio: ______ to 1
(4)Working capital: $______
(b)Assume that Red Missile Company pays the note payable of $163,000,thus reducing cash to $17,000.Compute the following after the completion of this transaction:
(1)The current ratio: ______ to 1
(2)Working capital: $______
Definitions:
Effect Uncertainty
Uncertainty about the outcomes or impacts of decisions or actions in an unpredictable environment.
Program Evaluation
The systematic assessment of the processes and outcomes of a program to determine its effectiveness and guide decisions about future programming.
Review Technique
A method or procedure used to evaluate and assess something systematically.
Scheduling Tool
A software application or system used to plan, allocate, and manage tasks and resources over time, enhancing organizational efficiency.
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