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Current position analysis The bond indenture for the 10-year, 9% debenture bonds issued January 2,20y5, required working capital of 5100,000 , a current ratio of

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Current position analysis The bond indenture for the 10-year, 9% debenture bonds issued January 2,20y5, required working capital of 5100,000 , a current ratio of 1.5, and a quick ratio of 1.0. the end of each calendar year unbi the bonds mature. At December 31, 20Y6, the three measures were computed as follows: 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. b. Is the company satisfying the terms of the bond indenture

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