on 23 The Bozeman Company had current assets of $400 and current liabilities of $500 prior to the following transactions: red out of 1. Declaration of a cash dividend, $100 2. Payment of an account payable, $80 9 tion The combined effect of these two transactions will cause what effect on Working Capital and the Working Capital Ratio, respectively? Select one: a. No Effect, Decrease b. No Effect, Increase c. No Effect, No Effect d. Decrease, Decrease e. Decrease, Increase Question 24 Not yet answered If a retail store has a current ratio of 2 1/2 (2.5) to 1 and current liabilities of $180,000, the amount of Working Capital is: Points out of 3.00 Select one: a. $72,000 P Flag question b. $180,000 c. $270,000 d. $450,000 e. $150,000