Santana Company had Cash of $ 300,000 , Accounts Receivable of $ 50,000 , Plant & Equipment of $ 350,000 , Inventory of $ 85,000 and other assets of $ 90,000 . Santana's liabilities consisted of Long - term debt of $ 350,000 , non - current portion of notes payable of $ 65.000 Accounts Payable of $ 115,000 and accrued expenses of $ 85,000 . Calculate the working capital and the current ratio based upon this information .