Business Finance Homework Help

March 11, 2022/in Business & Finance homework help /by admin

Business Finance Homework Help. Tried Using A Calculator and Got It Wrong Ratio and Capital

	2015		2014
Current assets
Cash and cash equivalents		$ 3,003		$1,795
Accounts receivable, net		3,200		3,122
Inventories		2,694		2,986
Other current assets		1,814		1,566
Total current assets		$10,711		$9,469
Current liabilities		$ 4,901		$5,889

Calculate the current ratio and working capital for 3M for 2014 and 2015. (Round current ratio to 2 decimal places, e.g. 1.25 : 1.)

Business Finance Homework Help

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