Denna Companys working capital accounts at the beginning of the year follow:

Cash	$	59,000
Marketable securities	$	28,900
Accounts receivable, net	$	323,600
Inventory	$	431,400
Prepaid expenses	$	5,800
Accounts payable	$	180,200
Notes due within one year	$	78,000
Accrued liabilities	$	50,100

During the year, Denna Company completed the following transactions:

x.	Paid a cash dividend previously declared, $19,000.
a.	Issued additional shares of common stock for cash, $178,000.
b.	Sold inventory costing $61,200 for $89,000, on account.
c.	Wrote off uncollectible accounts in the amount of $5,600, reducing the accounts receivable balance accordingly.
d.	Declared a cash dividend, $19,000.
e.	Paid accounts payable, $82,400.
f.	Borrowed cash on a short-term note with the bank, $43,500.
g.	Sold inventory costing $20,670 for $13,780 cash.
h.	Purchased inventory on account, $41,750.
i.	Paid off all short-term notes due, $121,500.
j.	Purchased equipment for cash, $66,200.
k.	Sold marketable securities costing $18,900 for cash, $15,750.
l.	Collected cash on accounts receivable, $67,900.

Required:

1.	Compute the following amounts and ratios as of the beginning of the year: (Round your ratios to 2 decimal places.) A. Working capital B. Current ratio C. Acid- test ratio