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The following data were taken from the balance sheet of Bock Suppliers Company: k Previous Year Current Year $257,600 Cash $342,400 Temporary investments 289,800 396,400

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The following data were taken from the balance sheet of Bock Suppliers Company: k Previous Year Current Year $257,600 Cash $342,400 Temporary investments 289,800 396,400 96,600 Accounts and notes receivable (net) 162,200 336,700 Inventories 559,700 215,300 288,300 Prepaid expenses $1,749,000 $1,196,000 Total current assets Accounts and notes payable (short-term) $307,400 $322,000 222,600 138,000 Accrued liabilities $530,000 $460,000 Total current liabilities a. Determine for each year (1) the working capital (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place Current Year Previous Year 1. Working capital 2. Current ratio 3. Quick ratio

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