only need answers to Q2(B)-Q2(J)

Data pertaining to the current position of Forte Company follow: $412,500 187,500 300,000 Cash Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses Accounts payable Notes payable (short-term) 700,000 50,000 200,000 250,000 Accrued expenses 300,000 Required: 1. Compute (A) the working capital, (B) the current ratio, and (C) the quick ratio. Round ratios to one decimal place. 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns of the table provided. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. A. Sold marketable securities at no gain or loss, $$70,000. B. Paid accounts payable, $$125,000. C. Purchased goods on account, SS110,000 D. Paid notes payable, $$100,000 E. Declared a cash dividend, S$150,000. F. Declared a common stock dividend on common stock, S$50,000 G. Borrowed cash from bank on a long-term note, S$225,000. H. Received cash on account, $$125,000. 1. Issued additional shares of stock for cash, $5600,000. J. Paid cash for prepaid expenses, $$10,000. 2. Compute the working capital, the current ratio, and the quick ratio after each of the following transactions and record the results in the appropriate columns of the table provided. Consider each transaction separately and assume that only that transaction affects the data given. Round ratios to one decimal place. Current Quick Transaction Working Capital $900,000 Ratio Ratio A. 22 1.2 . $ C. $ D. $ E $ F. Is G $ H. $ 1. $ J. $ Points 3/30