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7. The following financial information was taken from a firm's accounting records on December 31, 12 pt. 2017. Use this information to determine the

7. The following financial information was taken from a firm's accounting records on December 31, 12 pt. 2017. Use this information to determine the items below. Bonus Cash Accounts Receivable (Net) Merchandise Inventory Property, Plant, and Equipment (Net) Accounts Payable Bonds Payable, 2025 1) Working Capital 2) Current Ratio 3) Acid Test Ratio $40,000 160,000 310,000 400,000 120,000 100,000

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