The following data are from the financial statements of the Riverton Company. Current assets $55,000 Total liabilities $95,000 Total assets 125,000 Net income 18,000 Current liabilities 25,000 Sales 275,

The following data are from the financial statements of the Riverton Company.

Current assets $55,000
Total liabilities $95,000
Total assets 125,000
Net income 18,000
Current liabilities 25,000
Sales 275,000

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The following data are from the financial statements of the Riverton Company. Current assets $55,000 Total liabilities $95,000 Total assets 125,000 Net income 18,000 Current lia…

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