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. Please use the following information to compute the items outlined below. Balance Cash $25,000 Accounts Receivable $150,000 Inventory $100,000 Prepaid Expenses $50,000 Total Current

. Please use the following information to compute the items outlined below.

Balance Cash $25,000 Accounts Receivable $150,000

Inventory $100,000

Prepaid Expenses $50,000

Total Current Assets $325,000

Property Plant and Equipment $100,000

Land $100,000

Total Assets $525,000

Accounts Payable $30,000

Short Term Debt $100,000

Accrued Expenses $75,000

Total Current Liabilities $205,000

Long Term Debt $100,000

Capital Stock $20,000

Retained Earnings $200,000

Total Liabilities and Owners Equity $525,000

Please compute the working capital amount and the current ratio.

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