Working Capital and Current Ratio $ 59,500 The balance sheet of Satou Corp. Indudes the following items: Cash $23,000 Accounts payable Accounts receivable 13,000 Salaries payable Inventory 45,000 Capital stock Prepaid insurance 800 Retained earnings Land 80,000 1,200 100,000 5,700 Required: 1. Determine the current ratio and working capital. If required, round current ratio to two decimal places. a. Current ratio to 1 b. Working capital 2. Beyond the information provided in your answers to (1), what does the composition of the current assets tell you about Satou's liquidity? 3. What information would you least use to fully assess the liquidity of a business