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*78 3 OBJ. 7 PE 4-6B Working capital and current ratio Balance sheet data for Brimstone Company follows: 2016 2015 Current assets $1,586,250 $1,210,000 Current

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*78 3 OBJ. 7 PE 4-6B Working capital and current ratio Balance sheet data for Brimstone Company follows: 2016 2015 Current assets $1,586,250 $1,210,000 Current liabilities 705,000 550,000 a. Determine the working capital and current ratio for 2016 and 2015. b. Does the change in the current ratio from 2015 to 2016 indicate a favorable or an unfavorable trend

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