ki y wold ihe to Show Work fer this qestion Open shw wak Bas

ki y wold ihe to Show Work fer this qestion Open shw wak Based an the resuts in (at, the crO requested thot $22,000 of cash be used to pay off the balance of the accounts paryile a working capetal after the comouny t u cent Deossber 31, 3017.catiste the new camest rato ad Working captal 5 Click if you would like to show Work for this question 9 00 @ 0 lenovo

Solution

a Current ratio = Current assets/Current liabilities = 64500/33300= 1.9 Working capital = Current assets-Current liabilities = 64500-33300= 31200 b Current ratio = Current assets/Current liabilities = (64500-22000)/(33300-22000)= 3.8 Working capital = Current assets-Current liabilities =(64500-22000)-(33300-22000)= 31200