Pane Furniture Company has asked you to determine whether the company's ability to pay is...
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Accounting
Pane Furniture Company has asked you to determine whether the company's ability to pay is current abilities and long term debts improved or deteriorated during 2016 IF (Click the icon to view the financial statement data) Read the recurement Data table Calculate the following ratios for 2016 and 2017. Round your anwer to two decimal places. Networking capital Select the formula and then enter the amounts to calculate the working capital for 2018 and 2017 Networking capital 2018 2017 Cash Shortcomes Netreceivables Inventory Prepaid expenses Total Total current Long-term debe Income from operations 2018 2017 45 000 $ 52.000 31000 5.000 117 000 127.000 244.000 272.000 1E000 3.000 570,000 $20.000 197.000 147.000 77000 157.000 299.000 150 000 48.000 45.000 sponse
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