Pharoah Company provides you with the following balance sheet information as of December 31, 2017.

Current assets		$12,880		Current liabilities		$13,440
Long-term assets		29,680		Long-term liabilities		15,680
Total assets		$42,560		Stockholders equity		13,440
				Total liabilities and stockholders equity		$42,560

In addition, Pharoah reported net income for 2017 of $17,920, income tax expense of $3,584, and interest expense of $1,456.

Compute the current ratio and working capital for Pharoah for 2017. (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Current ratio		enter current ratio rounded to 2 decimal places	:1
Working capital		$enter a dollar amount

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Assume that at the end of 2017, Pharoah used $3,360 cash to pay off $3,360 of accounts payable. How would the current ratio and working capital have changed? (Round current ratio to 2 decimal places, e.g. 2.75. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Current ratio		enter current ratio rounded to 2 decimal places	:1
Working capital		$enter a dollar amount

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Compute the debt to assets ratio and the times interest earned for Pharoah for 2017. (Round answers to 2 decimal places, e.g. 2.75.)

Debt to assets ratio		enter debt to assets ratio	:1
Times interest earned ratio		enter Times interest earned ratio	times