E 5A Submit using Moodle in Assignments. 0 First Prepare; Current Assets and Current Liabilities, 2 Calculate Ratios Liquidity Ratios LO 3 BUSINESS APPLICATION The accounts and balances that follow are from Kellman Company's general ledger. Compute the RATIO (1) working capital and (2) current ratio. CA-CL=we CA/CLE CR (Round to one decimal place.) Accounts Payable Accounts Receivable Cash Current Portion of Long-Term Debt K. Kellman, Capital Long-Term Investments Marketable Securities Merchandise Inventory Notes Payable (90 days) Notes Payable (2 years) Notes Receivable (90 days) Notes Receivable 12 years) Prepaid Insurance Property, Plant, and Equipment Property Taxes Payable Salaries Payable Supplies Unearned Revenue $13,280 8,160 1,200 8,000 22,640 8,320 10,080 20,320 12,000 16,000 20,800 8,000 320 48,000 1,000 680 280 600 Review the Zoom Lectures. A= L + E CA CL LTA LTL RE capital