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Cash & Cash Equivalents Accounts Receivable Inventory Prepaid Expenses Other Current Assets Total Assets Non-Current Liabilities Total Liabilities Income from Operations Interest Expense Cash &

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Cash & Cash Equivalents Accounts Receivable Inventory Prepaid Expenses Other Current Assets Total Assets Non-Current Liabilities Total Liabilities Income from Operations Interest Expense Cash & Cash Equivalents Accounts Receivable 2021 $ 65,000 $ 44,000 $ 129.000 $ 12.000 $ 9,500 $ 450,000 $ 180,000 $ 270,000 $ 550,000 $ 95,000 $ 65,000 $ 44,000 Instruction: (show your calculations and round to 2 decimal places) (a) From the above information calculate: Current Ratio 2021 Quick Ratio 2021 Working Capital 2021 (b) Interpret your finding for the Current Ratio

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