Please see the attachment.
Individual transactions often have a significant impact on ratios. This problem will consider the direction of such an impact.
(See attached file.)
Indicate the effects of the previous transactions on each of the following: total current assets, total current liabilities, net working capital, and current ratio. Use + to indicate an increase, - to indicate a decrease, and 0 to indicate no effect. Assume an initial current ratio of more than 1 to 1.© BrainMass Inc. brainmass.com June 4, 2020, 12:05 am ad1c9bdddf
Transaction effects on total current assets, total current liabilities, net working capital, and current ratio is given in the attached Excel file.