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Answer The current ratio in working capital based on the results, the CFO requested the $21,600 of cash be used to pay off the balance

Answer The current ratio in working capital based on the results, the CFO requested the $21,600 of cash be used to pay off the balance of the accounts payable on December 31, 2017. Calculate the new ratio in the working capital after the company takes his actions image text in transcribed
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30, 2017 26,600 2.000 Prepaid nsurance 202,000 0.7 ,.) (Round Current Ratie fo l decinal place, Caioate the orrent natio and working Captal based on the preininary balancnheet working capital ae December31 our answer is 8 9

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