The following information is available from the Embargo Company accounting records:

Required:
1.Prepare a statement of cash flows in thousands of dollars using the indirect method.
2.Calculate the following ratios:
a.Current ratio
b.Quick ratio
c.Working capital to total assets
d.
Accounts receivable turnover
e.
Age of accounts receivable

Question

The following information is available from the Embargo Company accounting records:
  
Required:
1.Prepare a statement of cash flows in thousands of dollars using the indirect method.
2.Calculate the following ratios:
a.Current ratio
b.Quick ratio
c.Working capital to total assets
d.
Accounts receivable turnover
e.
Age of accounts receivable

Quizplus · Accepted Answer

The Answer of The following information is available from the Embargo Company accounting records:
  
Required:
1.Prepare a statement of cash flows in thousands of dollars using the indirect method.
2.Calculate the following ratios:
a.Current ratio
b.Quick ratio
c.Working capital to total assets
d.
Accounts receivable turnover
e.
Age of accounts receivable

The Following Information Is Available from the Embargo Company Accounting