23, Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. a. Working Capital Current Assets Current Liabilities Working Capital Given data: b. Current Ratio Current Assets Current Liabilities Call on the following armourits with your formulas S 80,000 Cash Current Ratio Temporary investments 160,000 Accounts/notes receivable (net) 235,000 190,000 Inventories Current Ratio 10,000 Prepaid expenses 158,000 Accounts payable Quick Ratio Quick Assets Current Liabilities Notes payable (short term)) 80.000 12,000 Accrued expenses) Quick Ratio M Quick Ratio