James Company's current assets are Cash-$40,000, Accounts Receivable $5000, Inventory $3000, and prepaid expenses $2000.

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answerhappygod
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James Company's current assets are Cash-$40,000, Accounts Receivable $5000, Inventory $3000, and prepaid expenses $2000.

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James Company's current assets are Cash-$40,000, Accounts
Receivable $5000, Inventory $3000, and prepaid expenses
$2000. Their current liabilities are $10,000. Their
long term liabilities were $20,000.
What is the company's working capital?
What is James company's current ratio?
What is the company's quick ratio?
How much are James Company's total liabilities?
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