Business, 05.05.2020 16:46 vava1804

Wildhorse Co. provides you with the following balance sheet information as of December 31, 2022. Current assets $14,030 Current liabilities $14,640 Long-term assets 32,330 Long-term liabilities 17,080 Total assets $46,360 Stockholders’ equity 14,640 Total liabilities and stockholders’ equity $46,360 In addition, Wildhorse reported net income for 2022 of $19,520, income tax expense of $3,904, and interest expense of $1,586.1. Compute the current ratio and working capital for Wildhorse for 2017.2. Assume that at the end of 2017, Wildhorse used $2,900 cash to pay off $2,900 accounts payable. How would the current ratio and working capital have changed?

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Wildhorse Co. provides you with the following balance sheet information as of December 31, 2022. Cur...

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