Question : Using the information in the pictures attached, Compute the 4
Using the information in the pictures attached, Compute the 4 liquidity ratios for Doctors Smith and Brown. What do the liquidity ratios mean? Interpret your findings. note- i am sorry about the sideways, my computer is acting up and i apologize, plus i am new at this site.
Health Care Finance 20,000 Accounts payable and accrued expenses Total Current Liabilities 180,000 Long-Term Debt Less Current Portion of Long-Term Debt (10,000) Net Long-Term Debt Total Liabilities Capital Total Liabilities and Capital Doctors Smith and Brown Statement of Changes in Capital for the Three Months Ended March 31, 2 Beginning Balance $720,000 80,000 Net Income S800,000 Ending Balance AA 30,000 170,000 200,000 800,000 1,000,000