LO 9-2 Brief Exercise 9-2 Ratio analysis The balance sheet for Alpha Corporation follows: Current assets $950,000 Long-term assets (net) 1,500,000 Total assets 2,450,000 Current liabilities Long-term liabilities Total liabilities 700,000 1,100,000 1,800,000 650,000 Common stock and retained earnings Total liabilities and stockholders' equity $2,450,000 Required Compute the working capital and current ratio to one decimal point using the provided balance sheet.