(a) The current ratio of a company is 6:1 and its acid-test ratio is 1:1. If the inventories and prepaid items amount to $ 492,000, what is the amount of current liabilities? Current Liabilities $ (b) A company had an average inventory last year of $ 181,000 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 decimal places, eg. 125.) Average Inventory $ (c) A company has current assets of $ 84,000 (of which $ 44,000 is inventory and prepaid items) and current liabilities of S 44,000. 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 ba? (Round answers to 2 decimal places, eg. 2.50) Current Ratio Add Test Ratio :1 New Current Ratio -1 New Acid Test Ratio :1