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Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below: Year 2 Year 1 Current assets Cash Accounts receivable Inventory Prepaid

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Excerpts from Candle Corporation's most recent balance sheet (in thousands of dollars) appear below: Year 2 Year 1 Current assets Cash Accounts receivable Inventory Prepaid expenses $ 340 $ 200 340 350 220 220 68 78 Total current assets $ 968 $ 848 Current liabilities Accounts payable Accrued liabilities s 270 S 270 180 98 78 68 Notes payable, short term Total current liabilities S 528 $ 436 Sales on account during the year totaled $1,520 thousand Cost of goods sold was $930 thousand Re a. the following working capital for Year 2.(Enter your answer in thousands of dollars, L.e., 100,000 should be entered as 100.) 440 b. Compute the following current ratio for Year 2 (Round your answer to 2 decimal places.) 1.83 Compute the folowing acid-test ratio for Year 2. (Round your answer to 2 decimal places.) c

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