Business, 25.02.2021 19:30 zingchristina

Owl Sporting Goods reported the following data at July 31, 2018, with amounts in thousands: Pigeon Sporting Goods Company
Balance Sheet July 31, 2018
Thousands
Assets
Current assets
Cash $26,200
Accounts receivable 28,000
Inventories 40,000
Other current assets 4,700
Total current assets 98,900
Property and equipment, net 19,000
Other assets 24,100
Total assets $142,000
Liabilities Total current liabilities $52,600
Long-term liabilities 6,800
Total liabilities 59,400
Stockholders' Equity Common
stock 23,500
Retained earnings 59,100
Total stockholders' equity 82,600
Total liabilities and stockholders'
equity $142,000
1. Calculate Owl's net working capital. Net working capital.
2. Calculate Owl's current ratio.
3. Calculate Owl's debt ratio.

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Owl Sporting Goods reported the following data at July 31, 2018, with amounts in thousands: Pigeon...

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