Question 312.5pts

Back Bay Corporation has current assets of 12 million, fixed assets of 18 million, current liabilities of 8 million, and long term debt of 20 million. Back Bay's current ratio is ________ and its net working capital is ________.

2.25, $10 million

1.06, $1 million

1.20, $5 million

1.50, $4 million