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Current ratio and networking capitol 1. The amount of current assets for Scotty's Cafe is $80,000, and the amount of current liabilities is $50,000. Determine

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Current ratio and networking capitol 1. The amount of current assets for Scotty's Cafe is $80,000, and the amount of current liabilities is $50,000. Determine the current ratio and net working capital. 2. The current ratio for the Winkle's Motel is 1.4 to 1. In addition, the amount of current liabilities is $100,000. What is the amount of current assets for Winkie's Motel? 3. A list of selected accounts of Scotty's Caf at the end of 2019 are as follows: Accounts Payable Accounts Receivable Allowance for Doubtful Accounts Cash Food Inventory Interest Payable Notes Receivable (current) Prepaid Insurance Wages Payable 65,000 44,500 10,000 55,000 17,000 6,000 15,000 20,000 14,000 Determine the total of current assets, the total of current liabilities, current ratio, and net working capital. Current

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