STATES (EN_US) Irish Air Services has determined several factors relative to its asset and financing mix. (a) The firm earns 10 percent annually on its current assets. (b) The firm earns 20 percent annually on its fixed assets. (c) The firm pays 13 percent annually on current liabilities. (d) The firm pays 17 percent annually on long-term funds. The firm's monthly current, fixed, and total asset requirements for the previous year are summarized in the table below: Current Fixed Total Month Assets Assets Assets January $45.000 $100.000 $145.000 February 40.000 100,000 140,000 March 50,000 100,000 150,000 April 55,000 100,000 155,000 May 60.000 100,000 160,000 June 75,000 100,000 175,000 July 75.000 100,000 175,000 August 75,000 100,000 175,000 September 60,000 100,000 160.000 October 55,000 100,000 155,000 November 50.000 100,000 150,000 December 50.000 100.000 150.000 If the firm's current liabilities in June were $37,000, the networking capital was (See Table 14.1) Select one: a. $21,500 ob. $20,000 c. $23,000 de.000 If the firm's current liabilities in December were $40,000, the net working capital was . (See Table 14.1) Select one O a. $140,000 O b. -$10,000 c. $60,000 o O d. $10,000 The firm's initial ratio of current to total assets is (See Table 14.1) Select one: O a. 2:3 O b. 1:3.1 O c. 3:2.3 O d. 3:1