I’m working on a accounting question and need an explanation and answer to help me learn.
Continuing on with your favorite company (Apple) tell me 2 items
1. What would be 4 adjusting entries your company has to make at yearend
2. Based on Pg 188 of the book calculate the working capital and current ratio for the latest fiscal year and the prior fiscal year
Tell me if the current ratio improved over the last 2 years
Pls show the financial information you used in your calculations side by side for each of the 2 years