Business, 09.07.2019 02:10 PotatoBananad

On june 30, 2011, weslaco company’s total current assets were $500,000 and its total current liabilities were $275,000. on july 1, 2011, weslaco issued a short-term note to a bank for $40,000 cash. required: a. compute weslaco’s working capital before and after issuing the note. (omit the "$" sign in your response.) b. compute weslaco’s current ratio before and after issuing the note. (round your answers to 2 decimal places.)

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On june 30, 2011, weslaco company’s total current assets were $500,000 and its total current liabili...