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Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: a . Determine the working capital and current ratio for 2

Working capital and current ratio

Current assets and current liabilities for Brimstone Company follow:

.

Determine the working capital and current ratio for

20 Y 4

and

20 Y 3 .

Round current ratio to

2

decimal places.

.

Does the change in the current ratio from

20 Y 3

20 Y 4

indicate a favorable or an unfavorable change?

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