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Assume that a company's current ratio is 3.0 , working capital is $300,000, and the acid.test ratio is 1.2 . Required: a. How much does

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Assume that a company's current ratio is 3.0 , working capital is $300,000, and the acid.test ratio is 1.2 . Required: a. How much does the company have in current assets? b. If the only current assets shown on the balance sheet are Cash. Accounts Recewable, and Merchandise loventory, how much does the compary have in Merchandise Invertory

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