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On December 31, 2021, Cullumber Company had $1 million of current assets and $820,000 of current liabilities. On the same day. Riverbed Company had $310,000

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On December 31, 2021, Cullumber Company had $1 million of current assets and $820,000 of current liabilities. On the same day. Riverbed Company had $310,000 of current assets and $130,000 of current liabilities. Calculate the working capital and current ratio for both companies. (Round current ratio answers to 2 decimal places, eg. 1.76:1) Cullumber Riverbed Working Capital $ $ Current Ratio :1 1 Which liquidity measure is more relevant? liquidity measure is more relevant

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