DES, Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. follow: 1447.300 berada CH arbete Bressomask on - $220,000 11.00 390,000 000 0.000 545,000 10.000 11,000 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. End of 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. Consider each transaction sepa- rately and assume that only that transaction affects the data given. Round ratios to one decimal place. Working Cart LP110,000 05.000 eBook Calculator Effect of Transactions on Current Position Analysis Data pertaining to the current position of Lucroy Industries Inc. Follow: Cash $447,500 Marketable securities 170,000 Accounts and notes receivable (net) 350,000 Inventories 750,000 Prepaid expenses 50,000 Accounts payable 220,000 Notes payable (short-term) 230,000 Accrued expenses 310,000 Required: 1. Compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. Round ratios to one decimal place. a. Working capital $ 1,007,50 b. Current ratio 1.32 X 6. Quick ratio 1.27 2. Cornpute the working capital, the current ratio, and the quick ratio aftur ach of the following transactions and record the results data given. Round ratios to one decimal place Transaction Working Capital Current 1. Compute (a) the working capital, (b) the current ratio, and the quick ratio. Round ratios to one decimal place a. Working capital 1,007,50 b. Current ratio 1.32X Quick ratio 1.27 x 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. Consider each transaction seper data given. Round ratios to one decimal place Transaction Working Capital Current Ratio Quick Ratio a. Sold marketable securities at no gain or loss, $80,000 b. Paid accounts payable, $110,000 Purchased goods on account, $110,000 d. Paid notes payable, $105.000 Declared a cash dividend. $125.000 1. Declared a common stock dividend on common st 160,000 9. Borrowed cash from bank on a long-term note, $220,000 h. Received cash on account, $120,000 Issued additional shares of stock for cash, 5565,000. 1. Pald cash for prepaid expenses 115.000