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Data pertaining to the current position of Diaz Industries, Inc., are as follows: Cash $560,000 Temporary Investments 520,000 Accounts and notes receivable (net) 800,000 inventories

Data pertaining to the current position of Diaz Industries, Inc., are as follows:

Cash $560,000

Temporary Investments 520,000

Accounts and notes receivable (net) 800,000

inventories 900,000

prepaid expenses 100,000

accounts payable 800,000

notes payable (short-term) 700,000

accrued expenses 300,000

compute working capital, current ratio, and quick ratio

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