15 RATIO ANALYSIS Selected Numbers from the ABC Co. Financial Statements are as follows: 2020 2019 Current Assets 262,000 236,000 Total Assets 787,000 644,000 Current Liabilities 142,000 126,000 Total Liabilities 431,000 324,000 Total Liab. & Stock- Holders Equity 787,000 644,000 REQUIRED: 1) Compute the Following Ratios for years 2020 & 2019: - Current Ratio - Working Capital 2) Briefly explain what each ratio shows and comment on whether the ratio is favorable or unfavorable and why! TT Arial 3 (12pt) T Path: p Click Save and Submit to save and submit. Click Save All Answers to save all answers. 4