(a) The current ratio of a company is 5:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $456.000. what is the amount of current liabilities? Current Liabilities (b) A company had an average inventory last year of $218,000 and its inventory turnover was 6 . If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year? (Round answer to 0 decimal places, eg. 125.) Average Inventory (c) A company has current assets of $84,000 (of which $39,000 is inventory and prepaid items) and current liabilities of $39,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14,000 cash from a bank on a 120 -day loan, what will its current ratio be? What will the acid-test ratio be? (Round answers to 2 decimol places, eg. 2.50) Current Ratio Acid Test Ratio New Current Ratio :1 New Acid Test Ratio 1 (c) A company has current assets of $84,000 (of which $39,000 is inventory and prepaid items) and current liabilities of $39,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14.000 cash from a bank on a 120 -day loan, what will its current ratio be? What will the acid-test ratio be? (Round anowers to 2 decilmol ploces es 2.50J) Current fatio Acid Test Ratio New Current Ratio New Acid Test Ratio 1 (d) A company has current assets of $607,000 and current liabilities of $243,000. The board of directors deciares a cash dividend of $162,000. What is the current ratio after the declaration but before payment? What is the current ratio after the payment of the dividend? (Round answers to 2 decimol ploces, eg 250 ) Current ratio after the declaration but before payment Current ratio after the payment of the dividend