On June 30, 2018, Rundle Companys total current assets were $501,000 and its total current liabilities were $272,500. On July 1, 2018, Rundle issued a short-term note to a bank for $41,400 cash. Required Compute Rundles working capital before and after issuing the note. Compute Rundles current ratio before and after issuing the note. (Round your answers to 2 decimal places.)

Homework-Chapter 9 Saved elp Save & Exit Submit 4 On June 30, 2018, Rundle Company's total current assets were $501,000 and its total current liabilities were $272.500 dOn July 2018, Rundle issued a short-term note to a bank for $41,400 cash. Required a. Compute Rundle's working capital before and after issuing the note. 20.83 points b. Compute Rundle's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) eBook References a. Working Capital b. Current Ratio