Compute working capital and current ratio
Hallberg Company reported total assets of $165,000;current assets of $22,000; total shareholders' equity of $57,000; and noncurrent liabilities of $85,000. (show computation)
1. compute working capital.
2. compute the current ratio.
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Hallberg Company reported total assets of $165,000;current assets of $22,000; total shareholders' equity of $57,000; and noncurrent liabilities of $85,000. (show computation) 1. compute working capital. 2. compute the current ratio.
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