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Norsk Oplrcuics, ALS, of Bergen, Norway. had a current ratio of 2 on June 3 0 of the current year, On that dote, the company's

Norsk Oplrcuics, ALS, of Bergen, Norway. had a current ratio of 2 on June 30 of the current year, On that dote, the company's assets were:
Cuish
Accounts necelvable. fiet
Inventary
Prepaid expenses
Plant and equipnent, ret
Total asspte.
Required:
What was the company's working capital on June 30?
What was the company's acid-test ratio on June 30?(Round your answer to 2 decimal pleces.)
The company paid an account payable of $47000 imnecliat
a. What effect did this transaction have on warking tapita?
b. What effect did this transaction have on the current ratio? (Round your inrermediate calculations to 1 decimal place.)
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