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On December 31,2024 . Sheridan Company had $1 million of current assets and $880,100 of current liabilities. On the same day. Concord Company had $229,900

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On December 31,2024 . Sheridan Company had $1 million of current assets and $880,100 of current liabilities. On the same day. Concord Company had $229,900 of current assets and $110,000 of current liabilities. Calculate the working capital and current ratio for both companies. (Round current rotio answers to 2 decimal places, es. 1.76-1)

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