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Metiock Company provides you with the following balance sheet information as of December 31, 2020. Current assets Long-term assets $10,550 26,150 Current liabilities Long-term liabilities

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Metiock Company provides you with the following balance sheet information as of December 31, 2020. Current assets Long-term assets $10,550 26,150 Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity $13,800 9,100 13.800 $36,700 Total assets $36,700 In addition, Metlock reported net income for 2020 of $15,600, income tax expense of $3,200, and interest expense of $1,200. (Round ratios to 2 decimal places, amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) (a) Compute the current ratio and working capital for Metlock for 2020. Current ratio Working capital (b) Assume that at the end of 2020, Metlock used $2.500 cash to pay off $2,800 of accounts payable. How would the current ratio and working capital have changed? Current ratio Working capital Comote the set to start and the times werest earned rate for Metlock for 2020, Debt to assets ratio

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