Data pertaining to the current position of Forte Company follow. Cash $442,500 165,000 Marketable securities Accounts and notes receivable (net) 320,000 700,000 40,000 Inventories Prepaid expenses Accounts payable Notes payable (short-term) 190.000 260,000 Accrued expenses 315,000 Required: 1 Compute (A) the working capital. (8) the current ratio, and (C) the quick ratio. Round ratios to one decimal place 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns of the table provided. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. A Sold marketable securities at no gain or loss, 555,000 B. Paid accounts payable, 5140,000 Purchased goods on account $115,000 Paid notes payable $110.000 a cash dividend 5135 000 F Declared a common stock dividend on common stock $35.000 G. Bortowed cash from bank on a long-term note, $205.000 H Received cash on account, $135.000 Issued additional shares of stock for cash $600.000 E Decla 1 Pald cash for prepaid expenses $10.000 1. Compute the following. Round ratios to one decimal place. A. Working capital: $ B. Current ratio: C Quick ratio 2. Compute the working capital the current ratio, and the quick ratio aner each of the following transactions and record the results in the appropriate columns the table provided Consider each transaction separately and assume that only that transaction affects the data given Round ratios to one decimal place Working Capital Current Ratio Transaction Quick Ratio B 5 S D E 5 G H