The Bravo has the following current balance sheet accounts: Cash Accounts Receivable Accounts Payable Inventory Income Taxes Payable Prepaid Expenses Accrued Expenses Current Portion-Long-Term Debt Wages Payable Marketable Securities Allowance for Doubtful AccountsRequired: 1. Determine the Bravo's total current assets. 2. Determine the Bravo's total current liabilities. 3. Determine the Bravo's net working capital. 4. Determine the Bravo's current ratio.

The Bravo has the following current balance sheet accounts: Cash $ 10,000 Accounts Receivable 200,000 Accounts Payable 50,000 Inventory 20,000 Income Taxes Payable 30,000 Prepaid Expenses 10,000 Accrued Expenses 40,000 Current Portion-Long-Term Debt 100,000 Wages Payable 30,000 Marketable Securities 25,000 Allowance for Doubtful Accounts 5,000 Required: 1. Determine the Bravo's total current assets. 2. Determine the Bravo's total current liabilities. 3. Determine the Bravo's net working capital. 4. Determine the Bravo's current ratio