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The following data were taken from the comparabve balance sheet of Icon Living. Inc, for the years ended December 31,20r9 and Decernber 31,20y8 a. Determine

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The following data were taken from the comparabve balance sheet of Icon Living. Inc, for the years ended December 31,20r9 and Decernber 31,20y8 a. Determine for each year (1) the working capieal, (2) the current ratio, and (3) the quck ratio, Round ratios to one decimal place. b. The liquidity of Icen Lving, Ine, has from 20 rs to the 20 re. The working capial, current ratio, and quick ratio have al Most of these changes are the result of

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