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Mei-kwei International's common stock sold for $3.05 per share at the end of this year. The company paid preferred stock dividends totalling $4.400 and a

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Mei-kwei International's common stock sold for $3.05 per share at the end of this year. The company paid preferred stock dividends totalling $4.400 and a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's financial statements: Required: What is the amount of working capital and the current ratio at the end of this year? (Round your current ratio answer to 2 decimal ploces.) Mei-kwei International's common stock sold for $3.05 per share at the end of this year. The company paid preferred stock dividends totalling $4.400 and a common stock dividend of $0.42 per share this year. It also provided the following data excerpts from this year's financial statements: Required: What is the amount of working capital and the current ratio at the end of this year? (Round your current ratio answer to 2 decimal ploces.)

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