The current year-end balance sheet data for a company are shown below. Calculate the companys...

company's: (a) working capital (b) current ratio (c) acid-test ratio. Assets: Cash Marketable securities Accounts receivable (net) Merchandise inventory Long-term investments Plant assets (net) Total assets $38,000 45,000 27,500 149.500 135,000 517.500 $1012.500 Liabilities and equity: Accounts payable Accrued liabilities Notes payable (secured by plant assets) Common stock ($12 par) Contributed capital in excess of par $148,700 90,000 254,800 180,000 135,000 Retained earnings Total libilities and equity 204.000 $1.012.500 MacBook Air F3