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Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 2074 20Y3 Current assets $1,562,000 $1,113,000 Current liabilities 710,000 530,000 a.

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Working capital and current ratio Current assets and current liabilities for Brimstone Company follow: 2074 20Y3 Current assets $1,562,000 $1,113,000 Current liabilities 710,000 530,000 a. Determine the working capital and current ratio for 20Y4 and 20Y3. Round Current ratio to 2 decimal places. 20Y4 20Y3 Working capital $ Current ratio b. Does the change in the current ratio from 20Y3 to 20Y4 indicate a favorable or an unfavorable change

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