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Current Position Analys The bond indenture for the 10-year 9% debenture bonds enved January 2, 2013, required working capital of $100,000, a current ratio

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Current Position Analys The bond indenture for the 10-year 9% debenture bonds enved January 2, 2013, required working capital of $100,000, a current ratio of 1.5 and a pick ratio of 10 at the end of each calendar year une the bonds tur At Ducember 21, 2018, the three measures were computed as follows 1. Qurrent assets: Cash $102.000 Temporary investments $1.000 Accounts and notes receivable (n)) 117,000 Inventor 4,000 24,000 115,200 64,000 Total current at (t) $314.000 Current Sabilities Aunts and short-t Accrued labe $56.000 204,00 110.00

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