i want answer 15-6

industry averages for department stores, Perform current and aci ratio analysis E15.6 (LO2) Bennis SA had the following transactions occur involving current assets and current lia- bilities during February 2020. Feb. 3 Accounts receivable of R$15,000 are collected 7 Equipment is purchased for R$28,000 cash. 11 Paid RS3,000 for a 1-year insurance policy. 14 Accounts payable of RS12,000 are paid. 18 Cash dividends of R$5,000 are declared. Additional information: 1. As of February 1, 2020, current assets were RS140,000, and current liabilities were R$50.000 2. As of February 1, 2020, current assets included R$10,000 of inventory and R55,000 of prepaid expenses Instructions a. Compute the current ratio as of the beginning of the month and after each transaction b. Compute the acid-test ratio as of the beginning of the month and after each transaction E15.7 (LO 2) Willingham Ltd. has the following comparative statements of financial position data. Compute selected ratios