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1 . Compute ( a ) the working capital, ( b ) the current ratio, and ( c ) the quick ratio. Round ratios to
Compute a the working capital, b the current ratio, and c the quick ratio. Round ratios to one decimal place.
a Working capital $fill in the blank
b Current ratio fill in the blank
c Quick ratio fill in the blank
Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place.
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