Problems 1. Jansen Corporation collected an $40,000 accounts receivable. What impact will this transaction have on working capital? 2. Rush Industries has Cash of $60,000, Accounts receivable of $37,000, inventory of $50,000, equipment of $20,000 and accounts payable of $56,000. What is the company's: Working Capital Current ratio Quick ratio 3. Jericho Inc. reported sales of $320,000 and average total assets of $220,000, $50,000 of which is property, plant, and equipment. The company has net income of $45,000 and average stockholders' equity of $120,000. What is the company's asset turnover ratio? What is their Return on Investment? What is their ROE