Current position analysis

Current ratio $1\mathrm{.}6,$$$480,000$$$300,000$

Quick ratio $,1\mathrm{.}3,$$$124,800$$$96,000$

a$.$ Find the errors in the determination of the three measures of current position analysis. Then provide the correct amounts below. If required, round the ratios to one decimal place.

Working capital

q

Current ratio

Quick ratio

b$.$ Is the company satisfying the terms of the bond indenture?