Please read Financial Statement Analysis Case 3: Deere & Company in the end of chapter materials in...

Question

Please read Financial Statement Analysis Case 3: Deere & Company in the end of chapter materials in the e Text. All data has been provided. Please answer questions a) & b). Post your answer and respond to two of your classmates for full credit.

Nitish Lath · Accepted Answer

Calculation of Working capital:
Without off balance sheet items:
	Particulars
	Amount
	Current assets
	50,060
	Less: Current liabilities
	21,394
	Net working capital
	28,666
With off balance sheet items:
	Particulars
	Amount
	Current assets
	50,060
	Less: Current liabilities
	21,394
	Less: Off- balance sheet items within 1 year
(Purchase obligations and Operating leases)
(2,970+121)
	3,091
	Net working capital
	25,575
Calculation of Current ratio:
Without off balance sheet items:
	Particulars
	Amount
	Current assets
	50,060
	Current liabilities
	21,394
	Current ratio (50,060/21,394)
	2.

Please read Financial Statement Analysis Case 3: Deere & Company in the end of chapter materials in the e Text. All data has been provided. Please answer questions a) & b). Post your answer and...

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