On June 30,2011, Weslaco Companys total current assets were $500,000 and its total current liabilities...
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On June Weslaco Companys total current assets were $ and its total current liabilities were $ On July Weslaco issued a shortterm note to a bank for $ cash. Required: a Compute Weslacos working capital before and after issuing the note. Omit the $ sign in your response. b Compute Weslacos current ratio before and after issuing the note. Round your answers to decimal places.
On June Weslaco Companys total current assets were $ and its total current liabilities were $ On July Weslaco issued a shortterm note to a bank for $ cash.
Required:
a Compute Weslacos working capital before and after issuing the note. Omit the $ sign in your response.
b Compute Weslacos current ratio before and after issuing the note. Round your answers to decimal places.
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