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On June 30. Year 3. Munoz Company's total current assets were $504,000 and its total current liabilities were $271.000. On July 1. Year 3. Munoz

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On June 30. Year 3. Munoz Company's total current assets were $504,000 and its total current liabilities were $271.000. On July 1. Year 3. Munoz issued a short-term note to a bank for $41.200 cash Required a. Compute Munoz's working capital before and after issuing the note. b. Compute Munoz's current ratio before and after issuing the note. (Round your answers to 2 decimal places.) Before the transaction After the transaction Working capital Current ratio b

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