QUESTION 18 A corporation reports the following year-end balance sheet data. The company's current ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 40.000 Current liabilities 55,000 Long-term liabilities 60,000. Common stock 145,000 Retained earnings $ 300,000 Total liabilities and equity $ 75,000 35,000 100,000 90,000 $ 300,000 O2.07 O 0.37 O 063 O 1.27 O 0.58 . QUESTIONE The time value of money concept: O Means that a dollar today is worth more than a dollar tomorrow. O Means that a dollar today is worth less than a dollar tomorrow. O Means that "Time is money." Does not involve the concept of compound interest Means that a dollar tomorrow is worth more than a dollar today, QUESTION 25 A corporation reports the following year-end balance sheet data. The company's working capital equals: $ 40,000 55,000 60,000 145,000 $ 300,000 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity $ 75,000 35,000 100,000 PEE 90,000 $ 300,000 Cash Accounts receivable Inventory Equipment Total assets O $155,000 O $300,000 575,000 O $80,000 $190,000 CELS